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Evolution Petroleum's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Today, management is going to discuss certain topics that may contain forward-looking information, which are based on management's beliefs as well as assumptions made by management and information currently available to them. Forward-looking information include statements regarding expected future drilling results, production and expenses. Though management believes that these expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct. Such statements are subject to certain risks and uncertainties and assumptions, which are listed and described in the company's filings with the Securities and Exchange Commission. If one or more of these risks materialize or should underlining assumptions prove incorrect, actual results may differ materially from those expected.

Also, today's call may include discussions of probable and possible reserves or use terms like volumes, reserve potential or recoverable reserve. Please note that these estimates are of non-proved reserves or resources and are, by their very nature, more speculative than estimates of proved resources and reserves and accordingly are subject to substantially greater risks.

Now with that, I'd like to turn the call over to Bob Herlin, Evolution's Chief Executive Officer. Bob?

Robert S. Herlin

Thanks, Lisa, and good morning to everyone. I'd like thank you for joining us on our fiscal second quarter call. We earlier filed our Form 10-Q and yesterday evening, announced our quarterly results and news release and I assume that everyone listening has accessed one or the other above. Excuse me, the Q is not filed, but the release is out.

Since detailed numbers are available, Sterling and I are going to combine our remarks to key operating results and update some future plans so forth on -- with me today is Sterling McDonald, our CFO; also David Joe, our Controller. Sterling is going to review key financial results and then we'll take your questions.

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