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Atwood Oceanics' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Atwood Oceanics (ATW)

Q1 2012 Earnings Call

February 02, 2012 12:00 pm ET

Executives

Mark L. Mey - Chief Financial Officer, Chief Accounting Officer and Senior Vice President

Robert J. Saltiel - Chief Executive Officer, President, Director and Member of Executive Committee

Analysts

Collin Gerry - Raymond James & Associates, Inc., Research Division

David Wilson - Howard Weil Incorporated, Research Division

G. Scott Burk - Canaccord Genuity, Research Division

Brian Uhlmer - Global Hunter Securities, LLC, Research Division

Rhett Carter

Anders Bergland - RS Platou Markets AS, Research Division

David C. Smith - Johnson Rice & Company, L.L.C., Research Division

Presentation

Operator

And welcome to today's First Quarter Results for Fiscal Year 2012 Conference Call. [Operator Instructions] Please note today's call is being recorded. Today's program will be presented by Robert Saltiel, President and CEO; and Mark Mey, Senior Vice President and CFO. It is now my pleasure to turn the program over to Mark Mey. Please begin, sir.

Mark L. Mey

Thanks, Kevin. Good morning, and welcome to Atwood Oceanic's conference call and webcast to review its company's operating results for the first quarter ended December 31, 2011. The speakers today will be Rob Saltiel, President and CEO; and myself, Mark Mey, Senior Vice President and CFO.

Before we begin, let me remind everyone that during the course of this conference call, we may make forward-looking statements, which are not historical facts and are based upon management’s current plans, expectations, estimates, assumptions and beliefs concerning future events impacting us. These statements involve a number of risks and uncertainties, including the risks which are described in the company's most recent Form 10-K and other filings with the U.S. Securities and Exchange Commission.

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