Helmerich & Payne, Inc. · NYSE:HP

Helmerich & Payne — Simmons & Co. International Twelfth Annual Energy Conference 2012

8 slides from Helmerich & Payne's conference presentation, Feb 29, 2012

  1. Slide 1: Simmons & Co. International Twelfth Annual Energy Conference

    Helmerich & Payne, Inc. Simmons & Co. International Twelfth Annual Energy Conference March 1-2, 2012

  2. Slide 2: Forward-looking Statements

    Statements within this presentation are “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and are based on current expectations and assumptions that are subject to risks and uncertainties. All statements other than statements of hi

  3. Slide 3: Comments on Today's Market

    Comments on Today’s Market As natural gas prices remain low in the U.S., the transition towards liquids-rich gas and oil directed drilling continues. Spot pricing remains steady in the U.S. Land market, especially for AC drive rigs. We continue to deliver new FlexRigs at the rate of four per month.

  4. Slide 4: H&P's Growing Exposure to Oil & Liquids

    H&P’s Growing Exposure to Oil & Liquids Estimated proportion of H&P’s active U.S. Land rigs by primary hydrocarbon target * Includes rigs in the spot market and rigs with term contracts expiring by June 30, 2012.

  5. Slide 5: H&P Activity as of February 29, 2012

    H&P Activity as of February 29, 2012 Rigs Working/ Contracted 237 6 22 265 36 301 Rigs Available 262 9 26 297 36 333 % Contracted 90% 67% 85% 89% U.S. Land Offshore International Land Total FlexRig Construction Total Fleet (3) Includes one idle FlexRig that is expected to transfer to the Internation

  6. Slide 6: H&P's U.S. Land Fleet Activity

    H&P’s U.S. Land Fleet Activity (1) Active rigs on term (in blue) generated both revenue and revenue days. (2) Includes completed new builds that were waiting on customers and which generated revenue but did not generate revenue days. (1) (2)

  7. Slide 7: H&P Global Fleet Under Term Contract

    H&P Global Fleet Under Term Contract

  8. Slide 8: End of Document

    End of Document

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