Gardner Denver Receives Order From Helmerich & Payne

Gardner Denver, Inc. received an additional order for mud pumps from Helmerich & Payne International Drilling Co. The amount of the order is approximately $7 million and requires deliveries throughout the second half of 2002. The Gardner Denver PZ-11 pumps, rated at 1600 horsepower, will be used on Helmerich & Payne's expanding fleet of oil and gas drilling rigs for operations requiring pressures of 5000-7500 pounds per square inch. This order is in addition to the order from Helmerich & Payne of over $12 million announced earlier in June.
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