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GulfMark Offshore, Inc. Q2 2010 Earnings Call Transcript

GulfMark Offshore, Inc. (GLF)

Q2 2010 Earnings Call Transcript

July 29, 2010 5:00 pm ET

Executives

David Butters – Chairman of the Board of Directors

Quintin Kneen – EVP and CFO

Bruce Streeter – President and CEO

Analysts

Bo McKenzie – Global Hunter Securities, LLC

Jud Bailey – Jefferies & Company

Marius Gaard – Carnegie Investment Bank

Presentation

Operator

Welcome everyone to the GulfMark Offshore second quarter 2010 earnings conference call. My name is Amy, and I will be your conference specialist for this presentation. On the call today are David Butters, Chairman; Bruce Streeter, President and Chief Executive Officer; and Quintin Kneen, Chief Financial Officer. After the speakers’ remarks, there will be a question-and-answer session. (Operator instructions) Please note this event is being recorded.

This conference call will include comments which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors. These risks are more fully disclosed in the company’s filings with the SEC. The forward-looking comments on this conference call should not, therefore, be regarded as representations that the projected outcomes can or will be achieved. Thank you.

I would now like to turn the call over to Mr. Butters. Please proceed.

David Butters

Thank you Megan, and welcome, everyone, to GulfMark Offshore’s second quarter earnings conference call. Today we won’t deviate from our standard practice. Quintin Kneen will give us an overview of the financial performance for the last three months and, following that, Bruce Streeter will give us an operations overview and hopefully lift the fog that’s been settled over the Gulf of Mexico as a result of the unfortunate incident a few months back.

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