Helmerich & Payne, Inc. Invites You to Join Its Fourth Quarter and Year-End Conference Call on the Web

TULSA, Okla., Nov. 2 /PRNewswire-FirstCall/ -- In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) Fourth Quarter and Year-End earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, November 19, 2009, 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; Doug Fears, Executive Vice President and CFO; and Juan Pablo Tardio, Director, Investor Relations of Helmerich & Payne, Inc.

         What:     Helmerich & Payne, Inc.'s Fourth Quarter and Year-End
                   Earnings Release and other material developments may be
                   discussed.

         When:     11:00 a.m. ET (10:00 a.m. CT), Thursday, November 19, 2009

         Where:    http://www.hpinc.com

         How:      Log on to http://www.hpinc.com then click on "Investor
                   Relations Main Page"

         Contact:  Juan Pablo Tardio, Director, Investor Relations:
                   918-588-5383

Helmerich & Payne, Inc. is primarily a contract drilling company. As of September 30, 2009, the Company's existing fleet included 245 land rigs and nine offshore platform rigs. In addition, during fiscal 2010, the Company is scheduled to complete another seven new H&P-designed and operated FlexRigs®*, all of which correspond to previously announced commitments with customers. Upon completion of these commitments, the Company's global land fleet will include a total of 190 FlexRigs.

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 and also on Helmerich & Payne, Inc.'s website at http://www.hpinc.com under "Audio Archives" on the Investor Relations Main Page.

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 the "Risk Factors" and "Management's Discussion & Analysis of Financial Condition and Results of Operations" 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(®) is a registered trademark of Helmerich & Payne, Inc.