Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * HIGHBRIDGE CAPITAL MANAGEMENT LLC	2. Date of Event Requiring Statement (MM/DD/YYYY) 1/16/2020	3. Issuer Name and Ticker or Trading Symbol PARKER DRILLING CO /DE/ [PKD]
(Last)        (First)        (Middle) 277 PARK AVENUE, 23RD FLOOR	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                          ___X___ 10% Owner _____ Officer (give title below)        _____ Other (specify below)
(Street) NEW YORK, NY 10172       (City)              (State)              (Zip)	5. If Amendment, Date Original Filed(MM/DD/YYYY)	6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share ("Common Stock")	1506959	I	See footnotes (1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants (Right to Buy)	(3)	(3)	Common Stock	701809	$48.85	I	See footnotes (1)(2)

Explanation of Responses:
(1)	The securities reported herein are held by (i) Highbridge Tactical Credit Master Fund, L.P., a Cayman Islands exempted limited partnership ("HTC") and (ii) Highbridge SCF Special Situations SPV, L.P., a Cayman Islands exempted limited partnership ("SCFS" and together with HTC, the "Highbridge Funds"). Highbridge Capital Management, LLC ("HCM") serves as the trading manager of the Highbridge Funds.
(2)	The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
(3)	These Warrants can be exercised at any time before the Expiration Date (as defined in the Warrant Agreement pursuant to which the Warrants were issued).

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HIGHBRIDGE CAPITAL MANAGEMENT LLC 277 PARK AVENUE 23RD FLOOR NEW YORK, NY 10172		X

Signatures
Highbridge Capital Management, LLC, By: /s/ John Oliva, its Chief Compliance Officer		1/21/2020
**Signature of Reporting Person		Date