Start Time: 11:00
End Time: 11:51
Pioneer Energy Services (PES)
Q2 2012 Earnings Call
August 7, 2012 11:00 a.m. ET
Anne Pearson – SVP & IR Counsel
Stacy Locke – President & CEO
Lorne Phillips – CFO
Brian Uhlmer – Global Hunter Securities
James Rollyson – Raymond James
Michael Cerasoli – Goldman Sachs
Josh Lingsch – Simmons & Company
John Keller – Stephens
Mike Urban – Deutsche Bank
Daniel Burke – Johnson Rice
Jeff Geygan – Milwaukee Wealth Management
Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Pioneer Energy Services Second Quarter 2012 Earnings Conference Call.
. Following the presentation, the conference will be open for questions.
This conference is being recorded today, August 7, 2012.
I would now like to turn the conference over to Anne Pearson of BRG&L. Please go ahead.
Thank you, Erin, and good morning, everyone. Before I turn the call over to CEO, Stacy Locke, and CFO, Lorne Phillips, for their formal remarks, I have a few of the usual items to cover.
First of all, a replay of today’s call will be available and will be accessible by webcast by going to the IR section of Pioneer’s website and also by telephone replay. And you can find the replay information for both in this morning’s news release.
Just as a reminder, information reported on this call speaks only as of today, August 7, 2012, so any time sensitive information may no longer be accurate at the time of a replay. Management may make forward-looking statements today that are based on beliefs and assumptions and information currently available to them. While they believe the expectations reflecting in these statements are reasonable, they have no assurance that they will prove to be correct. They are subject to certain risks and uncertainties and assumptions described in this morning’s new release and also in recent public filings with the SEC. If one or more of these risk materializes or should underlying assumptions prove to be incorrect actual results may vary materially.