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Whiting Petroleum's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Whiting Petroleum Corporation ( WLL)

Q4 2011 Earnings Call

February 23, 2012 11:00 am ET

Executives

Eric Hagen – Vice President of Investor Relations

James J. Volker – Chief Executive Officer

James T. Brown – President & Chief Operating Officer

Michael J. Stevens – Vice President & Chief Financial Officer

Mark R. Williams – Senior Vice President, Exploration & Development

J. Douglas Lang – Vice President, Reservoir Engineering/Acquisitions

Analysts

Will Green – Stephens Inc

John Freeman – Raymond James

Michael Scialla – Stifel Nicolaus & Company, Inc

Biju Z. Perincheril – Jefferies & Company, Inc.

Joe Stewart – Citigroup

Gil Yang – Bank of America/Merrill Lynch

Pearce Hammond – Simmons & Company

Philip McPherson – Global Hunter Securities, LLC

Michael Scialla – Stifel Nicolaus

Presentation

Operator

Good day ladies and gentlemen and welcome to the Fourth Quarter 2011 Whiting Petroleum Corporation Earnings Conference Call. My name is Kathy and I’ll be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions). As a reminder, this conference is being recorded for replay purposes.

I’d now like to turn the conference over to your host for today’s call to Mr. Eric Hagen, Vice President of Investor Relations. Please proceed.

Eric Hagen

Thanks Kathy. Good morning and welcome to Whiting Petroleum Corporation’s fourth quarter and full year 2011 earnings conference call. On the call for Whiting this morning is the Whiting management team. During this call, we’ll our review our results for the fourth quarter of 2011 and then discuss the outlook for 2012.

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