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Oasis Petroleum's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Oasis Petroleum, Inc. (OAS)

Q2 2012 Earnings Call

August 8, 2012 11:00 am ET


Michael H. Lou – Chief Financial Officer & Executive Vice President

Thomas B. Nusz – Chairman, President & Chief Executive Officer

Taylor L. Reid – Chief Operating Officer, Director & Executive Vice President


Irene Hoff – Wunderlich Securities Inc.

Brian Lively – Tudor, Pickering, Holt & Co.

Dave Kistler – Simmons & Co. International

Neal Dingmann – SunTrust Robinson Humphrey

Tim Rezvan – Sterne, Agee & Leach, Inc.

Eli Kantor – Iberia Capital Partners LLC

Michael Hall – Robert W. Baird & Co.

Ronald Mills – Johnson Rice & Co. LLC

Peter Christopher Mahon – Dougherty & Co. LLC

Gail Nicholson – KLR Group

Andrew Coleman – Raymond James & Associates



Good morning, my name is Beverly. And I will be your conference operator today. At this time, I would like to welcome everyone to the second quarter 2012 earnings release and operations update for Oasis Petroleum. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator instructions)

I would now turn the call over to Michael Lou, Oasis Petroleum CFO to begin the conference. Thank you. Mr. Lou, you may begin your conference.

Michael H. Lou

Thank you, Beverly. Good morning everyone. This is Michael Lou. We’re reporting our second quarter 2012 results. We’re delighted to have you on our call. I’m joined today by Tommy Nusz and Taylor Reid, as well as other members of the team.

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