TULSA, Okla., Jan 16, 2012 (GlobeNewswire via COMTEX) --In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) first quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Tuesday, January 31, 2012, at 11:00 a.m. (ET) with Hans Helmerich, President and CEO; John Lindsay, Executive Vice President and COO; and Juan Pablo Tardio, Vice President and CFO.

               Helmerich & Payne, Inc.'s First Quarter Earnings Release. Other material
      What:     developments may also be discussed.

      When:    11:00 a.m. ET (10:00 a.m. CT), Tuesday, January 31, 2012

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

      Questio
      ns:      Investor Relations, 918-588-5207

Helmerich & Payne, Inc. is primarily a contract drilling company. As of December 31, 2011, the Company's existing fleet included 255 U.S. land rigs, 26 international land rigs and nine offshore platform rigs.

If you are unable to listen during the live webcast, the call will be archived on Helmerich & Payne, Inc.'s website at http://www.hpinc.com under "Audio Archives" on the Investor Relations Main Page.

This release includes "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and such statements are based on current expectations and assumptions that are subject to risks and uncertainties. All statements other than statements of historical facts included in this release, including, without limitation, statements regarding the registrant's future financial position, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. For information regarding risks and uncertainties associated with the Company's business, please refer to the "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. We undertake no duty to update or revise our forward-looking statements based on changes in internal estimates, expectations or otherwise, except as required by law.

This news release was distributed by GlobeNewswire, www.globenewswire.

SOURCE: Helmerich & Payne, Incorporated

CONTACT: Investor Relations
investor.relations@hpinc.(918) 588-5207