PPHB

hprig

H&P has divested its Rig Hauling Division to Brady Welding


Helmerich & Payne, Inc. (NYSE:HP) (“H&P”)

Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, H&P designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies.

Brady Welding & Machine Shop (“Brady Welding”)

Brady Welding & Machine Shop, Inc. is an Oklahoma based company founded in 1957. Brady Welding specializes in crane services, welding, oilfield services, rig moving, pumping unit sales and service, and trucking. Brady Welding operates primarily in the mid-continent region but offers services throughout the U.S.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: