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Pioneer Drilling Company (
Q1 2011 Earnings Call
May 5, 2011 11:00 AM ET
Ann Pearson – DRG&E Investor Relations
Stacy Locke – President and CEO
Lorne Phillips – EVP and CFO
Judd Bailey – Jefferies & Company
John Daniel – Simmons & Company
Brian Uhlmer – Global Hunter Securities
John Keller – Stephens Inc.
Jim Rollison – Raymond James
Janice Rut – Pritchard Capital
Roger Reed – Morgan Keegan
Mike Kelly – Kennedy Capital
Jeff Kagan [ph] – Milwaukee Private Wealth Management
Good morning ladies and gentlemen, thank you for standing by. Welcome to the Pioneer Drilling Q1 2011 Earnings Conference Call. (Operator Instructions). This conference is being recorded today, Thursday May 5
th, and I would now like to turn the call over to Ann Pearson with DRG&E Investor Relations. Please go ahead, ma’am.
Thank you, Jeremy, and good morning everybody. Before I turn the call over to Stacy and Lorne for their formal remarks I have a few of the usual items we need to cover. First of all, a replay of today’s call will be available and is accessible by webcast by going into the Investor Relations section of Pioneer’s website and also by telephone replay. And you can find all of the replay information you need in this morning’s news release.
A reminder: information reported on this call speaks only to today, May 5
th, 2011, so any (interference) and information may no longer be accurate at the time of any replay. Management has no obligation to update any (interference) made today and all assumptions are based on information currently available to us, and while management believes the expectations reflected in these statements are reasonable they can give no assurance they’ll prove to be correct. They are subject to certain risks, uncertainties and assumptions as described in this morning’s release and also in Pioneer’s most recent filings with the SEC. Should one or more of these risks materialize or should (interference) actual results may differ materially.
Also please note that this conference call today contains references to non-GAAP measures and a full reconciliation to the GAAP financial measures is available in this morning’s press release. So now I’d like to turn the call over to Stacy Locke, Pioneer President and CEO. Stacy?