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PR Newswire
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Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web


TULSA, Okla., Jan. 15 /PRNewswire-FirstCall/ -- In conjunction with Helmerich & Payne, Inc.'s First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, February 1, 2007, at 11:00 a.m. (ET) with Hans Helmerich, President and CEO; John Lindsay, Executive Vice President, U.S. and International Operations; Alan Orr, Executive Vice President, Engineering and Development; and Doug Fears, Vice President and CFO of Helmerich & Payne, Inc.

What: Helmerich & Payne, Inc.'s First Quarter Earnings Release and other material developments may be discussed. When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, February 1, 2007 Where: http://www.hpinc.com/ How: Log on to http://www.hpinc.com/ then click on "Investors" Contacts: Doug Fears, Vice President and CFO: 918-588-5208 Juan Pablo Tardio, Manager, Investor Relations: 918-588-5383

Helmerich & Payne, Inc. is a contract drilling company. As of December 31, 2006, the Company's fleet included 123 U.S. land rigs, 11 U.S. platform rigs located in the Gulf of Mexico, and 27 international land rigs. In addition, the Company expects to complete during 2007 another 39 new H&P- designed and operated FlexRigs(R)*, expanding its total number of FlexRigs to 123 and its total number of U.S. land rigs to 162.

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/player/download/download.aspx , and at least a 28.8 Kbps connection to the Internet.) If you are unable to listen during the live webcast, the call will be archived on PR Newswire's website at http://www.prnewswire.com/ (for 90 days) and on Helmerich & Payne, Inc.'s website (for 12 months) at http://www.hpinc.com/ under "Investor Relations Information".

Statements in this release that are "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 are based on current expectations and assumptions that are subject to risks and uncertainties. For information regarding risks and uncertainties associated with the Company's business, please refer to "Risk Factors" and "Management's Discussion & Analysis of Results of Operations and Financial Condition" sections of the Company's SEC filings, including but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. As a result of these factors, Helmerich & Payne, Inc.'s actual results may differ materially from those indicated or implied by such forward-looking statements.

*FlexRig(R) is a registered trademark of Helmerich & Payne, Inc.

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© 2007 PR Newswire
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