Exhibit 10.2
 CONSENT AND SECOND AMENDMENT TO CREDIT AGREEMENT
 THIS CONSENT AND SECOND AMENDMENT TO CREDIT AGREEMENT Amendment PARKER DRILLING COMPANY Borrower Lenders Lender BANK OF AMERICA, N.A., ABN AMRO BANK N.V.
 W I T N E S S E T H:
 WHEREAS Credit Agreement
 WHEREAS, DGH CV1 CV2 PDCIL Selective Drilling Universal Reorganized Released Guarantors Eastern Hemisphere Reorganized Subsidiaries Subsidiary Restructuring Restructuring
 WHEREAS New Senior Notes




---



##### 



Senior Debt Refinancing
 WHEREAS New Notes Indenture
 WHEREAS
 WHEREAS
 WHEREAS
 NOW THEREFORE
 SECTION 1. Definitions
 SECTION 2. Amendment of the Credit Agreement.
  Alaskan Rigs
 BP Contract




---



##### 



Excluded Subsidiaries provided
 Indentures
 Subsidiary Guarantors
 Amendment of Section 6.12 of the Credit Agreement.




---



##### 



Amendment of Section 9.10 of the Credit Agreement.
  SECTION 3. Consent to Restructuring provided Releasing Parties




---



##### 



SECTION 4. Additional Releases Additional Released Guarantors
 SECTION 5. Representations and Warranties, Etc




---



##### 



Schedule 5.14 Exhibit A Schedule 5.14 Schedule 5.14 Schedule 5.14
    SECTION 6. Security Agreement Schedules Exhibit B
 SECTION 7. Ratification
 SECTION 8. Effectiveness Effective




---



##### 



Date provided
    Consenting Lender
 SECTION 9. Governing Law; Severability; Integration




---



##### 



SECTION 10. Execution in Counterparts
 SECTION 11. Successors and Assigns provided however
 SECTION 12. Miscellaneous the Credit Agreement thereunder thereof
 SECTION 13. ENTIRE AGREEMENT THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL
AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR
SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE
PARTIES




---



##### 



IN WITNESS WHEREOF,
 PARKER DRILLING COMPANYBy:
    /s/ David W. TuckerName:
    David W. TuckerTitle:
    Treasurer and Assistant Secretary




---



##### 



BANK OF AMERICA, N.A.,as Administrative AgentBy:
    /s/ Shelley A. McGregorName:
    Shelley A. McGregorTitle:
    Senior Vice President




---



##### 



BANK OF AMERICA, N.A.,as a Lender and an 
L/C IssuerBy:
    /s/ Shelley A. McGregorName:
    Shelley A. McGregorTitle:
    Senior Vice President




---



##### 



ABN AMRO BANK N.V.,as Documentation 
Agent and a LenderBy:
    /s/ Michiel van SchaardenburgName:
    Michiel van SchaardenburgTitle:
    Managing Director By:
    /s/ Michele CostelloName:
    Michele CostelloTitle:
    Director




---



##### 



TRUSTMARK NATIONAL BANK, as a LenderBy:
    /s/ L. J. PirenyiName:
    L. J. PrienyiTitle:
    Vice President




---



##### 



CATERPILLAR FINANCIAL SERVICES CORPORATION,as a LenderBy:
    /s/ William K. LuetzowName:
    William K. LuetzowTitle:
    General Manager, Global Power Finance Americas Division




---



##### 



NATAXIS,as a LenderBy:
    /s/ Timothy L. PolvadoName:
    Timothy L. PolvadoTitle:
    Senior Managing Director By:
    /s/ Carlos QuinterosName:
    Carlos QuinterosTitle:
    Director




---



##### 



WHITNEY NATIONAL BANK,as a LenderBy:
    /s/ Paul W. ColeName:
    Paul W. ColeTitle:
    Vice President




---



##### 



WELLS FARGO BANK, N.A.,as a LenderBy:
    /s/ Corbin M. WomacName:
    Corbin M. WomacTitle:
    Assistant Vice President




---



##### 



DEUTSCHE BANK AG NEW YORK 
BRANCH,as a LenderBy:
    /s/ Paul OLearyName:
    Paul OLearyTitle:
    Director By:
    /s/ Marcus M. TarkingtonName:
    Marcus M. TarkingtonTitle:
    Director




---



##### 



HSBC BANK USA, NATIONAL 
ASSOCIATION,as a LenderBy:
    /s/ Dale WilsonName:
    Dale WilsonTitle:
    Senior Vice President By:
    /s/ Bruce RobinsonName:
    Bruce RobinsonTitle:
    Vice President




---



##### 



NORTHRIM BANK,as a LenderBy:
    /s/ Joseph M. BeedleName:
    Joseph M. BeedleTitle:
    President




---



##### 



ACKNOWLEDGED AND AGREED,
by each of the following as a Subsidiary Guarantor:
ANACHORETA, INC.,
     a Nevada corporation
PARDRlL, INC., an Oklahoma corporation

     PARKER AVIATION, INC.,
     an Oklahoma corporation
PARKER DRILLING ARCTIC
     OPERATING, INC., a Delaware corporation PARKER DRILLING COMPANY NORTH
AMERICA, INC., a Nevada corporation PARKER DRILLING COMPANY OF NIGER,
     an Oklahoma corporation
PARKER DRILLING COMPANY OF
     OKLAHOMA, INCORPORATED, an Oklahoma corporation
PARKER DRILLING COMPANY OF SOUTH
     AMERICA, INC., an Oklahoma corporation
PARKER DRILLING OFFSHORE
     CORPORATION, a Nevada corporation
PARKER DRILLING OFFSHORE USA, L.L.C.,
     an Oklahoma limited liability company
PARKER NORTH AMERICA OPERATIONS,
     INC., a Nevada corporation
PARKER TECHNOLOGY, INC.
     an Oklahoma corporation
PARKER TECHNOLOGY, L.L.C.,
     a Louisiana limited liability company
PARKER TOOLS, LLC,
     an Oklahoma limited liability company
PARKER USA RESOURCES, LLC,
     an Oklahoma limited liability company
PARKER-VSE, INC., a Nevada corporation

QUAIL USA, LLC, an Oklahoma limited liability company By:
    /s/ David W. TuckerName:
    David W. TuckerTitle:
    Vice President and Treasurer




---



##### 



ACKNOWLEDGED AND AGREED,
by each of the following as a Subsidiary
Guarantor:
PARKER DRILLING MANAGEMENT SERVICES, INC., a Nevada corporationBy:
    /s/ David W. TuckerName:
    David W. TuckerTitle:
    PresidentPD MANAGEMENT RESOURCES, L.P., an Oklahoma limited partnership By:
    Parker Drilling Management Services, Inc., its General PartnerBy:
    /s/ David W. TuckerName:
    David W. TuckerTitle:
    PresidentQUAIL TOOLS, L.P., an Oklahoma limited partnership By:
    Quail USA, LLC, its General PartnerBy:
    /s/ David W. TuckerName:
    David W. TuckerTitle:
    Vice President and Treasurer




---



##### 



SCHEDULE I
 Additional Released Guarantors




---



##### 



EXHIBIT A
 Revised Schedule 5.14 to Credit Agreement




---



##### 



SCHEDULE 5.14
 SUBSIDIARIES, AND
OTHER EQUITY INVESTMENTS
 Part (A).
    
    Subsidiaries.
 (i)
    
    Material Subsidiaries (Domestic)
 Anachoreta, Inc.
 Pardril Inc.
 Parker Aviation, Inc.
 Parker Drilling Arctic Operating, Inc.
 Parker Drilling Company North America, Inc.
 Parker Drilling Company of Niger
 Parker Drilling Company of Oklahoma, Incorporated
 Parker Drilling Company of South America, Inc.
 Parker Drilling Management Services, Inc.
 Parker Drilling Offshore Corporation
 Parker Drilling Offshore USA, L.L.C.
 Parker North America Operations, Inc.
 Parker Technology, Inc.
 Parker Technology, L.L.C.
 Parker Tool, LLC
 Parker USA Resources, LLC
 Parker-VSE, Inc.
 PD Management Resources, L.P.
 Quail Tools, L.P.
 Quail USA, LLC
 (ii)
    
    Immaterial Subsidiaries (Domestic)
 Canadian Rig Leasing, Inc.Indocorp of Oklahoma, Inc.Parker Drilling Asia Pacific, LLCParker Drilling Company Limited LLCParker Drilling Company of Argentina, Inc.Parker Drilling Company of Bolivia, Inc.Parker Drilling Company of Mexico, LLCParker Enex, LLCParker Offshore Resources, L.P.Parker USA Drilling Company
 (iii)
    
    Excluded Subsidiaries
 Choctaw International Rig Corp.
 Creek International Rig Corp.




---



##### 



DGH, Inc.
 Parker 3source, LLC
 Parker 5272, LLC
 Parker Drillex, LLC
 Parker Drilling Company Eastern Hemisphere, Ltd.
 Parker Drilling Company International Ltd.
 Parker Drilling Company International, LLC
 Parker Drilling Eurasia, Inc.
 Parker Drilling Pacific Rim, Inc.
 Parker Drilling Company of New Guinea, LLC
 Parker Drilling Company of Singapore, LLC
 Parker Drilling Investment Company
 Parker Drilling (Kazakhstan), LLC
 Parker Drillserv, LLC
 Parker Drillsource, LLC
 Parker Drilltech, LLC
 Parker Intex, LLC
 Parker Rigsource, LLC
 PKD Sales Corporation
 Selective Drilling Corporation
 Universal Rig Service LLC
  Part (b).
    
    Other Equity Investments (including Foreign Subsidiaries).
 Jurisdiction
    
    
    
    %of
    
    
    
    OwnershipSubsidiary
    
    Formation
    
    Owner
    
    InterestAnachoreta, Inc.
    
    Nevada
    
    Parker Drilling Company
    
    
    100
    %AralParker CJSC
    
    Kazakhstan
    
    Parker Drilling
(Kazakhstan), LLC
    
    
    100
    %Canadian Rig Leasing, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Casuarina Ltd.
    
    Bermuda
    
    Parker Drilling Company
    
    
    100
    %Choctaw International Rig Corp.
    
    Nevada
    
    Parker Drilling
Company International
Limited
    
    
    100
    %Creek International Rig Corp.
    
    Nevada
    
    Parker Drilling
Company International
Limited
    
    
    100
    %DGH, Inc.
    
    Texas
    
    Parker Drilling Company
    
    
    100
    %Indocorp of Oklahoma, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %KDN Drilling Limited
    
    Nigeria
    
    Parker Drilling
Offshore
International, Inc.
    
    
    100
    %Mallard Argentine Holdings, Ltd.
    
    Cayman Islands
    
    Parker Drilling
Offshore Corporation
    
    
    100
    %Mallard Drilling of South America, Inc.
    
    Cayman Islands
    
    Parker Drilling
Offshore Corporation
    
    
    100
    %




---



##### 



Jurisdiction
    
    
    
    %of
    
    
    
    OwnershipSubsidiary
    
    Formation
    
    Owner
    
    InterestMallard Drilling of Venezuela, Inc.
    
    Cayman Islands
    
    Parker Drilling Offshore
Corporation
    
    
    100
    %Pardril, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker 3source, LLC
    
    Delaware
    
    PD Offshore Holdings CV
    
    
    100
    %Parker 5272, LLC
    
    Delaware
    
    PD International Holdings CV
    
    
    100
    %Parker Aviation, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Central Europe Rig Holdings
Limited Liability Company
    
    Hungary
    
    Parker Drilling
(Kazakhstan), LLC
    
    
    100
    %Parker Cyprus Leasing Limited
    
    Cyprus
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Cyprus Ventures Limited
    
    Cyprus
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drillex, LLC
    
    Delaware
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Arctic Operating Inc.
    
    Delaware
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Asia Pacific, LLC
    
    Delaware
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling AME Limited
    
    Cayman Islands
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Company (Bolivia) S.A.
    
    Bolivia
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Company Eastern
Hemisphere, Ltd.
    
    Oklahoma
    
    Parker VSE, Inc.
    
    
    93
    %Parker Drilling Company
Limited (Bahamas)
    
    
    7
    %Parker Drilling Company International
LLC
    
    Delaware
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Drilling Company International
Limited
    
    Nevada
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Company Kuwait Limited
    
    Bahamas
    
    PD Selective Holdings CV
    
    
    99
    %Parker Drilling Company Limited
(Bahamas)
    
    Bahamas
    
    Parker VSE, Inc.
    
    
    100
    %Parker Drilling Company Limited LLC
    
    Delaware
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Company North
America, Inc.
    
    Nevada
    
    Parker North America
Operations, Inc.
    
    
    100
    %Parker Drilling Company of Argentina,
Inc.
    
    Nevada
    
    Parker Drilling Company
International Limited
    
    
    100
    %Parker Drilling Company of Bolivia,
Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Company of Mexico, LLC
    
    Nevada
    
    Parker Drilling Offshore
USA, L.L.C.
    
    
    100
    %Parker Drilling Company of New
Guinea, LLC
    
    Delaware
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Company of New Zealand
    
    New Zealand
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Drilling Company of Niger
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling Company of Oklahoma,
Incorporated
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %




---



##### 



Jurisdiction
    
    
    
    %of
    
    
    
    OwnershipSubsidiary
    
    Formation
    
    Owner
    
    InterestParker Drilling Company of Sakhalin
    
    Russia
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Company of Singapore,
LLC
    
    Delaware
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Company of South
America, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling de Mexico, S. de R.L.
de C.V.
    
    Mexico
    
    Parker Drilling Offshore
Corporation
    
    
    2
    %Parker Drilling Offshore USA,
L.L.C.
    
    
    98
    %Parker Drilling Dutch BV
    
    Netherlands
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Drilling Eurasia, Inc.
    
    Delaware
    
    Parker Drilling Offshore
Corporation
    
    
    35.22
    %Parker Drilling Company
International Limited
    
    
    64.78
    %Parker Drilling International BV
    
    Netherlands
    
    Parker Drilling Netherlands BV
    
    
    100
    %Parker Drilling International of New
Zealand Limited
    
    New Zealand
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Drilling Investment Company
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling (Kazakhstan), LLC
    
    Delaware
    
    PD Dutch Holdings CV
    
    
    100
    %Parker Drilling Kazakhstan BV
    
    Netherlands
    
    Parker Drilling Netherlands BV
    
    
    100
    %Parker Drilling Management Services,
Inc.
    
    Nevada
    
    Parker Drilling Company
    
    
    100
    %Parker Drilling (Nigeria), Limited
    
    Nigeria
    
    Parker Drilling Offshore
International, Inc.
    
    
    100
    %Parker Drilling Netherlands BV
    
    Netherlands
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilling Offshore BV
    
    Netherlands
    
    Parker Drilling Dutch BV
    
    
    100
    %Parker Drilling Offshore Corporation
    
    Nevada
    
    Parker North America
Operations, Inc.
    
    
    100
    %Parker Drilling Offshore International,
Inc.
    
    Cayman Islands
    
    Parker Drilling Offshore
Corporation
    
    
    100
    %Parker Drilling Offshore USA, L.L.C.
    
    Oklahoma
    
    Parker Drilling Offshore
Corporation
    
    
    100
    %Parker Drilling Overseas BV
    
    Netherlands
    
    Parker Drilling Netherlands BV
    
    
    100
    %Parker Drilling Pacific Rim, Inc.
    
    Delaware
    
    Parker Drilling Offshore
Corporation
    
    
    26
    %Parker Drilling Company
International Limited
    
    
    74
    %Parker Drilling Russia BV
    
    Netherlands
    
    Parker Drilling Netherlands BV
    
    
    100
    %Parker Drilling Spain Rig Services, S.L.
    
    Spain
    
    Parker Hungary Rig Holdings
LLC
    
    
    100
    %Parker Drilling Tengiz, Ltd.
    
    Kazakhstan
    
    Parker Drilling Company
    
    
    99
    %Parker Drillserv, LLC
    
    Delaware
    
    Parker Drilling Eurasia, Inc.
    
    
    100
    %




---



##### 



Jurisdiction
    
    
    
    %of
    
    
    
    OwnershipSubsidiary
    
    Formation
    
    Owner
    
    InterestParker Drillsource, LLC
    
    Delaware
    
    PD Selective Holdings CV
    
    
    100
    %Parker Drilltech, LLC
    
    Delaware
    
    Parker Drilling Eurasia, Inc.
    
    
    100
    %Parker Enex, LLC
    
    Delaware
    
    Parker Drilling Offshore USA L.L.C.
    
    
    100
    %Parker Hungary Rig Holdings LLC
    
    Hungary
    
    Parker Drillsource, LLC
    
    
    100
    %Parker Intex, LLC
    
    Delaware
    
    Parker Drilling Company
    
    
    100
    %Parker North America
Operations, Inc.
    
    Nevada
    
    Parker Drilling Company
    
    
    100
    %Parker Offshore Resources, L.P.
    
    Oklahoma
    
    General partner: Parker Drilling
Management Services, Inc.
    
    
    1
    %Limited partner: Parker USA
Resources, LLC
    
    
    99
    %Parker Rigsource, LLC
    
    Delaware
    
    Parker Drilling Pacific Rim, Inc.
    
    
    100
    %Parker SMNG Drilling LLC
    
    Russia
    
    Parker Drilling Company
International, LLC
    
    
    50
    %Parker Technology, Inc.
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Parker Technology, L.L.C.
    
    Louisiana
    
    Parker Drilling Offshore Corporation
    
    
    100
    %Parker Tools, LLC
    
    Oklahoma
    
    Parker Drilling Offshore Corporation
    
    
    100
    %Parker USA Drilling Company
    
    Nevada
    
    Parker North America Operations,
Inc.
    
    
    100
    %Parker USA Resources, LLC
    
    Oklahoma
    
    Parker Drilling Management
Services, Inc.
    
    
    100
    %Parker VSE, Inc.
    
    Nevada
    
    Parker Drilling Company
    
    
    100
    %PD Dutch Holdings CV
    
    Netherlands
    
    PD International Holdings CV

    
    
    99.96
    %Parker
5272, LLC
    
    
    .04
    %PD International Holdings CV
    
    Netherlands
    
    Parker Drilling Company
    
    
    .04
    %Parker Drilling Pacific Rim, Inc.
    
    
    99.88
    %Parker Intex, LLC
    
    
    .04
    %Parker Rigsource, LLC
    
    
    04
    %PD Labor Sourcing, Ltd.
    
    Cayman Islands
    
    PD Selective Holdings CV
    
    
    100
    %PD Management Resources, L.P.
    
    Oklahoma
    
    General partner: Parker Drilling
Management Services, Inc.
    
    
    1
    %Limited partner: Parker USA
Resources, LLC
    
    
    99
    %PD Offshore Holdings CV
    
    Netherlands
    
    Parker Drilling Eurasia, Inc.
    
    
    99.96
    %Parker Drillserv, LLC
    
    
    0.02
    %Parker Drilltech, LLC
    
    
    0.02
    %




---



##### 



Jurisdiction
    
    
    
    %of
    
    
    
    OwnershipSubsidiary
    
    Formation
    
    Owner
    
    InterestPD Personnel Services, Ltd.
    
    Cayman Islands
    
    PD Selective Holdings CV
    
    
    100
    %PD Selective Holdings CV
    
    Netherlands
    
    PD Offshore Holdings CV Parker
3source. LLC
    
    99.97%
0.03%PD Servicios Integrales, S.
de R.L. de C.V.
    
    Mexico
    
    Parker Drilling Offshore
Corporation
    
    
    98
    %Parker Drilling Offshore USA,
L.L.C.
    
    
    2
    %PKD Sales Corporation
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Quail Tools, L.P.
    
    Oklahoma
    
    General partner: Quail USA, LLC
    
    
    1
    %Limited partner: Parker Tools,
LLC
    
    
    99
    %Quail USA, LLC
    
    Oklahoma
    
    Parker Drilling Offshore
Corporation
    
    
    100
    %SaiPar Drilling Company BV
    
    Netherlands
    
    Parker Drilling Dutch BV
    
    
    50
    %Selective Drilling Corporation
    
    Oklahoma
    
    Parker Drilling Company
    
    
    100
    %Universal Rig Service LLC
    
    Delaware
    
    Parker Drilling Company
    
    
    100
    %
 Part (c).
    
    [INTENTIONALLY OMITTED]




---



##### 



OUTSTANDING SUBSCRIPTIONS, OPTIONS, WARRANTS, CALLS, RIGHTS, OR OTHER AGREEMENTS OR COMMITMENTS
 High Strikes Agreements




---



##### 



EXHIBIT B
 Revised Schedules I and II to Security Agreement




---



##### 



LOAN PARTY
 JurisdictionofLoan Party
    
    OrganizationParker Drilling Company
    
    DelawareAnachoreta, Inc.
    
    NevadaPardril, Inc.
    
    OklahomaParker Aviation Inc.
    
    OklahomaParker Drilling Arctic Operating, Inc.
    
    DelawareParker Drilling Company North America, Inc.
    
    NevadaParker Drilling Company of Niger
    
    OklahomaParker Drilling Company of Oklahoma, Incorporated
    
    OklahomaParker Drilling Company of South America, Inc.
    
    OklahomaParker Drilling Management Services, Inc.
    
    NevadaParker Drilling Offshore Corporation
    
    NevadaParker Drilling Offshore USA, L.L.C.
    
    OklahomaParker North America Operations, Inc.
    
    NevadaParker Technology, Inc.
    
    OklahomaParker Technology, L.L.C.
    
    LouisianaParker Tools, LLC
    
    OklahomaParker USA Resources, LLC
    
    OklahomaParker VSE, Inc.
    
    NevadaPD Management Resources, L.P.
    
    OklahomaQuail Tools, L.P.
    
    OklahomaQuail USA, LLC
    
    Oklahoma
 Item B.
    
    Merger or other corporate reorganization.
 None within previous four months
 Item D.
    
    [INTENTIONALLY OMITTED]




---



##### 



Item D.
    
    [INTENTIONALLY OMITTED]
 Item E.
    
    Commercial Tort Claims.
 None.
 Item F.
    
    [INTENTIONALLY OMITTED]




---



##### 



Item F.
    
    [INTENTIONALLY OMITTED]




---



##### 



Item D.
    
    [INTENTIONALLY OMITTED]




---



##### 



% of EquityCertificate
    
    Number of
    
    InterestsPledged Interest Issuer
    
    No.
    
    Equity Interests
    
    Pledged
    
    GrantorAnachoreta, Inc.
    
    
    8
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyCanadian Rig Leasing, Inc.
    
    
    2
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyIndocorp of Oklahoma, Inc.
    
    
    1
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyPardril, Inc.
    
    
    1
    
    
    
    5
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Aviation, Inc.
    
    
    1
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Arctic
Operating, Inc.
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Asia Pacific, LLC
    
    
    N/A
    
    
    
    100%
    
    
    
    100
    %
    
    Parker Drilling CompanyMembershipInterestParker Drilling Company Limited
    
    
    4
    
    
    3,250 common
    
    
    65
    %
    
    Parker-VSE, Inc.sharesParker Drilling Company North
America, Inc.
    
    
    12
    
    
    
    1,500
    
    
    
    100
    %
    
    Parker North America Operations, Inc.Parker Drilling Company of
Bolivia, Inc.
    
    
    1
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Company of Mexico, LLC
    
    
    N/A
    
    
    
    100%
    
    
    
    100
    %
    
    Parker Drilling Offshore USA, L.L.C.MembershipInterestParker Drilling Company of Niger
    
    
    3
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Company of
Oklahoma, Incorporated
    
    
    1
    
    
    
    5
    
    
    
    100
    %
    
    Parker Drilling Company




---



##### 



% of EquityCertificate
    
    Number of
    
    InterestsPledged Interest Issuer
    
    No.
    
    Equity Interests
    
    Pledged
    
    GrantorParker Drilling Company of South
    
    
    1
    
    
    
    5
    
    
    
    100
    %
    
    Parker Drilling CompanyAmerica, Inc.
    
    
    2
    
    
    
    45
    
    
    
    100
    %
    
    Parker Drilling Company3
    
    
    
    10
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Eurasia, Inc.
    
    
    14
    
    
    
    277,350
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Drilling Investment 
Company
    
    
    2
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Management
Services, Inc.
    
    
    2
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Offshore 
Corporation
    
    
    11
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker North America Operations, Inc.Parker Drilling Offshore USA,
    
    
    3
    
    
    
    99
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationL.L.C.
    
    
    4
    
    
    
    1
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Drilling Pacific Rim, Inc.
    
    
    9
    
    
    
    63,600
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Enex, LLC
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling Offshore USA, L.L.C.Parker Intex, LLC
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker North America Operations,
Inc.
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Offshore Resources, L.P.
    
    
    N/A
    
    
    1% Partnership 
Interest
    
    
    100
    %
    
    GP: Parker Drilling Management Services, Inc.N/A
    
    
    99% Partnership
    
    
    100
    %
    
    LP: Parker USA Resources, LLCInterestParker Technology, Inc.
    
    
    1
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Technology, L.L.C.
    
    
    2
    
    
    1 Unit
    
    
    100
    %
    
    Parker Drilling Offshore Corporation6
    
    
    99 Units
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Tools, LLC
    
    
    N/A
    
    
    
    100%Membership Interest
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker USA Drilling Company
    
    
    5
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker North America Operations, Inc.




---



##### 



% of EquityCertificate
    
    Number of
    
    InterestsPledged Interest Issuer
    
    No.
    
    Equity Interests
    
    Pledged
    
    GrantorParker USA Resources, LLC
    
    
    N/A
    
    
    
    100%
Membership
Interest
    
    
    
    100
    %
    
    Parker Drilling Management Services, Inc.PD Management Resources, L.P.
    
    
    N/A
    
    
    1% Partnership 
Interest
    
    
    100
    %
    
    GP: Parker Drilling Management Services, Inc.N/A
    
    
    99% Partnership
    
    
    100
    %
    
    LP: Parker USA Resources, LLCInterestPKD Sales Corporation
    
    
    1
    
    
    
    500
    
    
    
    100
    %
    
    Parker Drilling CompanyQuail Tools, L.P.
    
    
    N/A
    
    
    1% Partnership
    
    
    100
    %
    
    GP: Quail USA, LLCInterestN/A
    
    
    99% Partnership
    
    
    100
    %
    
    LP: Parker Tools, LLCInterestQuail USA, LLC
    
    
    N/A
    
    
    
    100%
Membership
Interest
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationCasuarina Ltd.
    
    
    34
    
    
    
    78,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Company (Bolivia)
S.A.
    
    
    17
    
    
    
    798,382
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Tengiz, Ltd.
    
    
    3
    
    
    
    390
    
    
    
    100
    %
    
    Parker Drilling CompanyMallard Drilling of South America,
Inc.
    
    
    7
    
    
    
    65
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationMallard Argentine Holdings, Ltd.
    
    
    3
    
    
    
    1
    
    
    
    100
    %
    
    Parker Drilling Offshore Corporation5
    
    
    
    1
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationMallard Drilling of Venezuela, Inc.
    
    
    2
    
    
    
    1
    
    
    
    100
    %
    
    Parker Drilling Offshore Corporation4
    
    
    
    1
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Drilling Offshore
International, Inc.
    
    
    8
    
    
    
    65
    
    
    
    100
    %
    
    Parker Drilling Offshore CorporationParker Drilling de Mexico, S. de
R.L. de C.V.
    
    
    N/A
    
    
    
    2%
    
    
    
    65
    %
    
    Parker Drilling Offshore CorporationN/A
    
    
    
    98%
    
    
    
    65
    %
    
    Parker Drilling Offshore USA, L.L.C.PD Servicios Integrales, S. de R.L.
    
    
    N/A
    
    
    
    98%
    
    
    
    65
    %
    
    Parker Drilling Offshore Corporation




---



##### 



% of EquityCertificate
    
    Number of
    
    InterestsPledged Interest Issuer
    
    No.
    
    Equity Interests
    
    Pledged
    
    Grantorde C.V.
    
    
    N/A
    
    
    
    2%
    
    
    
    65
    %
    
    Parker Drilling Offshore USA, L.L.C.PD International Holdings CV
    
    
    N/A
    
    
    
    .04%
    
    
    
    65
    %
    
    Parker Drilling CompanyParker-VSE, Inc.
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling CompanyParker Drilling Company
Limited LLC
    
    
    1
    
    
    
    1,000
    
    
    
    100
    %
    
    Parker Drilling Company