Magnum Hunter Resources Corporation (MHR)
Q2 2012 Earnings Call
August 9, 2012 11:00 AM ET
Gabe Scott – VP, Capital Markets and Corporate Development
Gary Evans – Chairman and CEO
Ron Ormand – EVP and CFO
Kip Ferguson – EVP, Exploration
Jim Denny – EVP, Operations
Veea Chan – SunTrust
Kim Pacanovsky – MLV
Jeff Hayden – KLR Group
Irene Haas – Wunderlich Securities
Joe Stewart – Citi
Hsulin Peng – Baird
Richard Tullis – Capital One
Steven Karpel – Credit Suisse
Good morning, and welcome to the Magnum Hunter Resources Second Quarter 2012 Financial and Operating Results Conference Call. 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)
Thank you. Mr. Scott, you may now begin.
Good morning. This is Gabe Scott and I’d like to welcome everyone to Magnum Hunter Resources Corporation second quarter 2012 financial and operating results conference call.
The purpose of today’s call is to discuss our second quarter 2012 financial and operating results among other matters of interest regarding the company.
Before we begin our presentation, I would like to advise you that today’s call may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of Securities Exchange Act of 1934.
Our presentation may include statements regarding our expectations, believes, intentions or strategies regarding the future. Such forward-looking statements may relate to, among other things, the company’s proposed exploration and drilling operations, production and revenue from its properties, and estimates regarding reserve potential. These statements are qualified by important factors that could cause the company’s actual results to differ materially from those reflected by the forward-looking statements, including those factors set forth in Risk Factors section of the company’s 2011 annual report on Form 10-K as well as the company’s first quarter and second quarter 2012 quarterly reports on Form 10-Q.