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TheStreet Open House

Pioneer Drilling CEO Discusses Q2 2011 Results - Earnings Call Transcript

Pioneer Drilling Company ( PDC)

Q2 2011 Earnings Call

August 4, 2011 11:00 am ET

Executives

Anne Pearson - SVP, IR Counsel, DRG&L

Stacy Locke - President and CEO

Red West - President of Drilling Services

Joe Eustace - President of Production Services

Lorne Phillips - CFO

Analysts

Marshall Adkins - Raymond James

Brian Uhlmer - Global Hunter

John Daniel - Simmons & Company

John Keller - Stephens Inc.

Presentation

Operator

Welcome to the Pioneer Drilling second quarter earnings conference call. (Operator Instructions) I would now like to turn the conference over to Anne Pearson of DRG&L Investor Relations.

Ann e Pearson

Good morning, everyone. Before I turn the call over to Stacy and Lorne for their formal remarks, I have a few of the usual items I need to cover.

First of all, a replay of today's call will be available and is accessible by webcast by going to the IR section of Pioneer's website and also by telephone replay. You can find the replay information for both in this morning's news release.

As a reminder, information reported on this call speaks only as of today, August 4, 2011, so any time-sensitive information may no longer be accurate at the time of the replay. Management may make forward-looking statements today that are based on beliefs and assumptions and information currently available to them. Although they believe 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 that are described in this morning's news release and also in recent public filings with the SEC. If one or more of these risks materialize or should underlying assumptions prove to be incorrect, actual results may differ materially.

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