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July 26, 2012 11:00 AM ET
Gary Kolstad – President and CEO
Ernesto Bautista – VP and CFO
James West – Barclays
Blake Hutchinson – Howard Weil
Doug Garber – Dahlman Rose
Jeff Tillery – Tudor Pickering
John Daniel – Simmons & Company
John Keller – Stephens
Brian Uhlmer – Global Hunter
Robert Richardson – Buckingham Research
Hello, and welcome to today’s CARBO Ceramics Second Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the management’s remarks, we will conduct a question-and-answer session, and instructions will follow at that time. Please be advised this call is being recorded today, July 26, 2012, and your participation implies consent to our recording this call. If you do not agree to these terms, simply disconnect.
I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than the historical information and will include projections concerning the company’s future prospects, revenues, expenses or profits. These statements are considered forward-looking statements under the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially from these projections. These statements reflects the company’s beliefs based on the current conditions, but are subject to certain risks and uncertainties that are detailed in the company’s press release and public filings.