In terms of reported results, we issued a combined operations update in earnings release yesterday, in which we reported the first quarter 2012 financial results, reported first quarter 2012 production of 74.2 Bcfe, 20% of which was composed of crude oil and natural gas liquids.We updated operating activities in our core areas and updated our guidance for 2012. We reaffirmed our EBITDA guidance to be in the range of $1.35 billion to $1.45 billion. We reaffirmed our production guidance to be in the range of 305 to 310 Bcfe, and we modestly increased our CapEx guidance to be in the range of $1.35 billion to $1.45 billion, which is still in line with our projected EBITDA for the year.
QEP Resources' CEO Discusses Q1 2012 Results - Earnings Call Transcript
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