Warren Resources, Inc. (WRES)
Q1 2012 Earnings Call
May 1, 2012; 10:00 am ET
Norman Swanton - Chairman, President & Chief Executive Officer
Steve Heiter - Executive Vice President; Chief Executive Officer of Warren E&P, Inc
Ron Morin - Senior Vice President of Development; Executive Vice President of Warren E&P Inc.
Tim Larkin - Executive Vice President & Chief Financial Officer
Ray Deacon - Brean Murray
Phil McPherson - Global Hunter Securities
Jack Aydin - Keybanc Capital Markets
Brad Heffern - RBC Capital Markets
Good day ladies and gentlemen and welcome to the first quarter 2012, Warren Resources earnings call. My name is Caressa and I will 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)
I will now turn the conference over to your host for today call, Mr. Norman Swanton, Chairman, CEO of Warren Resources. Please proceed.
Thank you. Good morning everyone. Thank you for joining us for Warren Resources first quarter 2012 financial and operating results conference call.
We are conducting the conference call this morning from our Long Beach Office in California. With me is Steve Heiter, our CEO of our Principal Subsidiary, Warren E&P; Ron Morin, our Senior Vice President responsible for our development; and Tim Larkin, our Executive Vice President and CFO is joining us from our New York City office.
Before I turn the microphone over to Tim to cover the financial results and Steve to discuss our oil and gas operations, I would like to briefly comment on our performance for the first quarter of 2012 and the future direction of the company as follows.