TULSA, Okla., April 11 /PRNewswire-FirstCall/ -- In conjunction withHelmerich & Payne, Inc.'s (NYSE: HP) Second Quarter earnings release, you areinvited to listen to its conference call that will be broadcast live over theInternet on Thursday, May 1, 2008, at 11:00 a.m. (ET) with Hans Helmerich,President and CEO; John Lindsay, Executive Vice President, U.S. andInternational Operations; Alan Orr, Executive Vice President, Engineering andDevelopment; Doug Fears, Vice President and CFO; and Juan Pablo Tardio,Director, Investor Relations of Helmerich & Payne, Inc.

    What:     Helmerich & Payne, Inc.'s Second Quarter earnings release and              other material developments may be discussed.
    When:     11:00 a.m. ET (10:00 a.m. CT), Thursday, May 1, 2008
    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 ofMarch 31, 2008, the Company's existing fleet included 172 U.S. land rigs,27 international land rigs and nine offshore platform rigs. In addition, theCompany is scheduled to complete another ten new H&P-designed and operatedFlexRigs(R)*, all of which correspond to previously announced commitments withcustomers. Upon completion of these commitments, the Company's land fleetwill include a total of 144 FlexRigs.

If you are unable to listen during the live webcast, the call will bearchived on PR Newswire's website at http://www.prnewswire.com and also onHelmerich & Payne, Inc.'s website at http://www.hpinc.com under 'AudioArchives' on the Investor Relations Main Page.

Statements in this release that are 'forward-looking statements' withinthe meaning of the Securities Act of 1933 and the Securities Exchange Act of1934 are based on current expectations and assumptions that are subject torisks and uncertainties. For information regarding risks and uncertaintiesassociated with the Company's business, please refer to the 'Risk Factors' and'Management's Discussion & Analysis of Financial Condition and Results ofOperations' sections of the Company's SEC filings, including but not limitedto, its annual report on Form 10-K and quarterly reports on Form 10-Q. As aresult of these factors, Helmerich & Payne, Inc.'s actual results may differmaterially from those indicated or implied by such forward-looking statements.

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

SOURCE Helmerich & Payne, Inc.