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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: March 27, 1997
HELMERICH & PAYNE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-4221 73-0679879
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(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
Utica at Twenty-first Street, Tulsa, Oklahoma 74114
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(Address of principal executive offices) (Zip Code)
(918) 742-5531
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On March 6, 1997, Plaintiffs dismissed Helmerich & Payne, Inc. from the
lawsuit styled "WILLIAM G. CALDWELL AND LOIS CUPP CALDWELL, husband and wife,
et al. vs. HELMERICH & PAYNE, INC., Case No. CJ-95-74, in the District Court,
3rd Judicial District, Washita County, Oklahoma." This case was referenced in
Registrant's most recent Form 10-Q filed with the Securities and Exchange
Commission on February 14, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
HELMERICH & PAYNE, INC.
(Registrant)
By: /s/ STEVEN R. MACKEY
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Name: Steven R. Mackey
Title: Vice President, Secretary and
General Counsel
Dated: March 27, 1997
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