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GulfMark Offshore CEO Discusses Q3 2010 Results - Earnings Call Transcript

GulfMark Offshore, Inc. (GLF)

Q3 2010 Earnings Conference Call

October 27, 2010 9 AM ET

Executives

David Butters – Chairman

Quintin Kneen – CFO, EVP, Treasurer and Secretary

Bruce Streeter – CEO, President and COO

Analysts

James West – Barclays Capital

Luke Lemoine – Capital One Southcoast

Jeff Patel – Madison Williams

Marius Gaard – Carnegie Investment Bank

Matt Beeby – Global Hunter Securities

Gary Stromberg – Barclays Capital

Presentation

Operator

Welcome everyone to the GulfMark Offshore Q3 2010 Earnings Conference Call. May name is Lanea 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. (Operator Instructions).

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, Lanea, and good morning everyone. And thank you for participating this morning on our Q3 earnings conference call. Except for some questions that might arise from the Macondo incident and its post-effects, our conference call today should be pretty straightforward. And so I think we can begin right away with some comments from Quintin Kneen who will cover the financial performance of the last three months, and then as usual Bruce will cover the current operating status and outlook, and finally we’ll have the Q&A period following that. So Quintin, why don’t you review the financials for the Q3?

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