Helmerich & Payne, Inc. 2012 Citi Global Energy Conference June 7, 2012
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…
Comments on Todays Market H&Ps rig activity levels are increasing as expected. Spot pricing for FlexRigs remains steady in the U.S. Land market. We continue to deliver new FlexRigs at the rate of approximately four rigs per…
H&Ps Growing Exposure to Oil & Liquids Estimated proportion of H&Ps active U.S. Land rigs (1) by primary hydrocarbon target as of 6/6/12 (2) Dry Gas (Spot Market) 1% (3) (1) Oil and liquids-rich gas percentage includes a…
H&Ps U.S. Land Fleet Activity (1) (2) (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…
H&P Activity as of June 6, 2012 Rigs Rigs Working/ % Available Contracted Contracted U.S. Land 272 243 89% Offshore 9 7 78% (1) International Land 29 25 86% Total 310 275 89% (2) FlexRig Construction 32 32 Total Fleet 342 307…
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