SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 21, 2006
PARKER DRILLING COMPANY STOCK BONUS PLAN
(Exact name of registrant as specified in its charter)
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N/A
(State or other jurisdiction
of incorporation)
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333-70444
(Commission
File Number)
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N/A
(I.R.S. Employer
Identification No.) |
1401 Enclave Parkway, Suite 600
Houston, Texas 77077
(Address of principal executive offices, including zip code)
(281) 406-2000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 4.01. Changes in Registrant’s Certifying Accountant.
(a) Previous independent registered public accounting firm.
(i) On April 21, 2006, the Audit Committee of the Board of Directors of Parker Drilling
Company (the “Company”) approved the dismissal of PricewaterhouseCoopers LLP (“PwC”) as the
independent registered public accounting firm of the Parker Drilling Company Stock Bonus Plan (the
“Plan”).
(ii) PwC’s reports on the financial statements of the Plan for the past two fiscal years ended
December 31, 2004, contained no adverse opinion or disclaimer of opinion nor were they qualified or
modified as to uncertainty, audit scope or accounting principle.
(iii) During the two most recent years ended December 31, 2004, and through April 21, 2006,
there have been no disagreements with PwC on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of PwC, would have caused PwC to make reference thereto in its reports
on the financial statements of the Plan for such years.
(iv) During the two most recent years ended December 31, 2004 and through April 21, 2006,
there have been no “reportable events”, as such term is used in item 304(a)(1)(v) of Regulation
S-K.
(v) The Plan has provided PwC with a copy of this Form 8-K prior to its filing with the
Securities and Exchange Commission (the “Commission”) and has requested that PwC furnish it with a
letter addressed to the Commission stating whether or not it agrees with the above statements. PwC
has provided the Plan with a letter, addressed to the Commission, which is filed as Exhibit 16
hereto.
(b) New independent registered public accounting firm.
On April 21, 2006, the Company engaged Melton & Melton, L.L.P. (“M&M”) as the independent
registered public accounting firm of the Plan for the year ended December 31, 2005. During the
Plan’s two most recent years ended December 31, 2004, and through April 21, 2006, the Plan did not
consult with M&M with respect to either (i) the application of accounting principles to a specified
transaction, either completed or proposed, or the type of audit opinion that might be rendered on
the Plan’s financial statements, and neither a written report was provided to the Plan or oral
advice was provided that M&M concluded was an important factor considered by the Plan in reaching a
decision as to the accounting, auditing or financial reporting issue; or (ii) any other matter that
was either the subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of
Regulation S-K and the related instructions to Item 304 of Regulation S-K, or a reportable event,
as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is filed herewith:
16 Letter from PricewaterhouseCoopers LLP to the Securities and Exchange Commission, dated
April 27, 2006
S I G N A T U R E
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PARKER DRILLING COMPANY STOCK BONUS PLAN
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| Dated: April 27, 2006 |
By: |
/s/ David W. Tucker
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David W. Tucker |
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Chairman of the Retirement Policy Committee,
Corporate Treasurer |
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