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Hercules Offshore's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Hercules Offshore (HERO)

Q1 2012 Earnings Call

April 26, 2012 11:00 am ET

Executives

Son P. Vann - Vice President of Investor Relations & Planning

John T. Rynd - Chief Executive Officer, President and Executive Director

Stephen M. Butz - Chief Financial Officer and Senior Vice President

Analysts

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

Ian Macpherson - Simmons & Company International, Research Division

Robert MacKenzie - FBR Capital Markets & Co., Research Division

Catherine O'Connor

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

Todd P. Scholl - Clarkson Capital Markets, Research Division

Rhett Carter - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Q1 2012 Hercules Offshore, Inc. Earnings Conference Call. My name is Brian, and I will be the operator for today's call. [Operator Instructions] As a reminder, this call is being recorded for replay purposes. Now I would like to introduce to you Mr. Son Vann, Vice President of Investor Relations. Please proceed, Mr. Vann.

Son P. Vann

Thank you, Brian, and welcome to our first quarter 2012 earnings conference call. With me today are John Rynd, Chief Executive Officer and President; Stephen Butz, Senior Vice President and Chief Financial Officer; and members of our senior management team, including Jim Noe, General Counsel; Troy Carson, Chief Accounting Officer; and Craig Muirhead, Treasurer. This morning, we issued our first quarter results and filed an 8-K with SEC. A press release is available on our website, herculesoffshore.com. Following our usual format, John will begin the call with some broad remarks regarding our quarterly performance and current outlook. Stephen will follow with a more detailed discussion on the financial results as well as provide cost guidance. We will then open the call up for Q&A.

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