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PARKER DRILLING SELECTED FOR RUSSIAN WORK

 TULSA, Okla., April 1 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced it has been selected by the BP-Statoil Alliance for an Arctic workover/completion program in Western Siberia after meeting BP's worldwide criteria for the job.
 The project, which calls for two Parker workover rigs to provide workover/completion services in a joint BP Exploration-Statoil program, includes up to 100 wells in the Tarasov Field, said Robert L. Parker Jr., president and chief executive officer.
 "We are pleased to be selected by British Petroleum and Statoil for this important work in the Commonwealth of Independent States," said Parker. "This expands our work for BP beyond Colombia, Papua New Guinea and other parts of the world," he added.
 Parker is a worldwide oil and gas drilling contractor which specializes in Arctic, remote location and deep and difficult drilling projects.
 -0- 4/1/93
 /CONTACT: Tim Colwell, director public relations of Parker


Drilling, 918-585-8221/
 (PKD)


CO: Parker Drilling Co. ST: Oklahoma IN: OIL SU: CON

TM -- SF008 -- 1988 04/01/93 11:22 EST
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Publication:PR Newswire
Date:Apr 1, 1993
Words:173
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