PARKER & PARSLEY 82 II LTD

PARKER & PARSLEY 82 II LTD

PARKER & PARSLEY 82 II LTD operates as a drilling services specialist focused on oil and gas well development, offering turnkey rig deployment, directional drilling expertise, and completion support to independent E&P operators and joint-venture partners that seek to accelerate field production in mature but technically complex plays; the company’s value proposition leans on experienced crews, maintenance programs, and safety protocols calibrated for the Drilling Oil & Gas Wells segment defined under SIC plumbing for the services that keep rig fleets and downhole tool strings operational. As a pooled vehicle, it faces material risks tied to volatile commodity prices, the cyclical nature of drilling activity, capital-intensity of sustaining drilling assets, and the layered regulation from state drilling boards, the SEC, and environmental authorities governing disclosures and operations—hence the importance of its latest Form 10-Q filed in November 1999 to keep stakeholders apprised. CIK 717374 underscores this reporting obligation while investors scanning historical filings can view live SEC filings on Earnings Feed to stay current.