HOUSTON, Sept. 1, 2015 /PRNewswire/ -- Parker
Drilling Company (NYSE: PKD) announced the election of Mr.
Peter T. Fontana to the Company's
board of directors. An oil and gas industry veteran with over 30
years of experience, Mr. Fontana brings extensive international
oilfield services and technical operations expertise to the
Company. With the addition of Mr. Fontana, the board's total
membership is now 10. He will also serve on the board's audit
committee.
Mr. Fontana is the former chief operating officer of Weatherford
International, a global provider of equipment and services used in
drilling, evaluation, completion, production and intervention of
oil and natural gas wells. He retired from Weatherford in 2013, having served as chief
operating officer since 2010. Mr. Fontana joined Weatherford in January
2005. Prior to joining Weatherford, Mr. Fontana held leadership
positions with Baker Hughes, Forasol/Foramer and The Western
Company of North America.
"We continue to build a strong board of directors with varying
and relevant expertise to help move Parker
Drilling forward," said Gary G.
Rich, the Company's chairman, president and chief executive
officer. "Pete's significant technical and global operations
experience adds yet another unique perspective on the industry. We
look forward to his insights and contributions as we strengthen our
ability to consistently deliver innovative, reliable and efficient
performance to our stakeholders."
Mr. Fontana holds a master's of business administration from
Southern Methodist University and is
the inventor and co-inventor on several U.S. patents. He has
authored numerous technical papers focused on improved drilling
operations.
Company Description:
Parker Drilling provides drilling
services and rental tools to the energy industry. The Company's
Drilling Services business serves operators in the inland waters of
the U.S. Gulf of Mexico utilizing
Parker Drilling's barge rig fleet
and in select international markets and harsh-environment regions
utilizing Parker Drilling-owned and
customer-owned equipment. The Company's Rental Tools Services
business supplies premium equipment and well services to operators
on land and offshore in the U.S. and international markets. More
information about Parker Drilling
can be found on the Company's website at
www.parkerdrilling.com.
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SOURCE Parker Drilling Company