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Denbury Resources' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Denbury Resources (DNR)

Q1 2012 Earnings Call

May 03, 2012 11:00 am ET

Executives

Jack T. Collins - Executive Director of Investor Relations

Phil Rykhoek - Chief Executive Officer, President, Director and Member of Investment Committee

Mark C. Allen - Chief Financial Officer, Senior Vice President, Treasurer, Assistant Secretary and Member of Investment Committee

Craig John Kenneth McPherson - Senior Vice President of Production Operations

Robert L. Cornelius - Senior Vice President of Co(2) Operations and Member of Investment Committee

Analysts

Scott Hanold - RBC Capital Markets, LLC, Research Division

Michael Scialla - Stifel, Nicolaus & Co., Inc., Research Division

Pearce W. Hammond - Simmons & Company International, Research Division

Jeffrey W. Robertson - Barclays Capital, Research Division

Hsulin Peng - Robert W. Baird & Co. Incorporated, Research Division

Neal Dingmann - SunTrust Robinson Humphrey, Inc., Research Division

Andrew Coleman - Raymond James & Associates, Inc., Research Division

Robert Bellinski - Morningstar Inc., Research Division

Noel A. Parks - Ladenburg Thalmann & Co. Inc., Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to your conference call today, the first quarter 2012 earnings release. [Operator Instructions] As a reminder, today's call is being recorded.

Your hosting speaker, Executive Director of Investor Relations, Jack Collins. Please go ahead, sir.

Jack T. Collins

Okay. Thank you, Kevin. Good morning, everyone, and thank you for joining us on Denbury's First Quarter 2012 Results Conference Call. With me today on the call are: Phil Rykhoek, our President and CEO; Mark Allen, our Senior Vice President and CFO; Craig McPherson, our Senior Vice President of Production Operations; and Bob Cornelius, our Senior Vice President of CO2 Operations. In a moment, I'll turn the call over to Phil and other members of senior management to discuss our first quarter results and discuss our outlook.

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