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Pioneer Drilling Company Q2 2010 Earnings Call Transcript

Pioneer Drilling Company (PDC)

Q2 2010 Earnings Call

August 05, 2010

Executives

Anne Pearson - IR, DRG&E

Stacy Locke - President and CEO

Lorne Phillips - EVP, CFO

Analyst

Jim Rollyson - Raymond James

Steve Ferazani - Sidoti & Co.

Ryan Fitzgibbon - Pritchard Capital

John Daniel - Simmons & Co.

John Keller - Stephens

Presentation

Operator

Good morning, ladies and gentleman. And thank you for standing by. Welcome to the Pioneer Drilling Second Quarter Earnings Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator Instructions)

This conference is being recorded today, Thursday, August 5, 2010. As a reminder the replay information can be found in this morning's news release. I would now like to turn the conference over to Anne Pearson with DRG&E, Investor Relations. Please go ahead.

Anne Pearson

Thank you, Brandy and good morning, everyone. Before management begins their formal remarks I have a few of the usual items to cover.

First, a replay of today's call will be available and is accessible by webcast, by going to the Investor Relations section of Pioneer's website and also by telephone replay through May 13. You can find all of the replay information in today's news release.

Information recorded on this call speaks only as of today August 5, 2010, so any time-sensitive information may no longer be accurate as of the time of any replay. Management may make forward-looking statements today that are based on its beliefs and assumptions and information currently available to them.

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