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Bonanza Creek Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Bonanza Creek Energy, Inc. (BCEI)

Q2 2012 Earnings Call

August 14, 2012 11:00 am ET

Executives

James Masters – Investor Relations Manager

Michael R. Starzer – President and Chief Executive Officer

Gary A. Grove – Interim Chief Operating Officer, Executive Vice President-Engineering & Planning

Wade E. Jaques – Controller, Treasurer and Principal Accounting Officer.

Analysts

Irene O. Haas – Wunderlich Securities, Inc.

Michael S. Scialla – Stifel, Nicolaus & Co., Inc

Andrew Coleman – Raymond James

Mark A. Lear – Credit Suisse Securities

Adam Ryan Michael – Miller Tabak + Co. LLC

Robert Johnson – Johnson Investments

Presentation

Operator

Good day, ladies and gentlemen, and welcome for the Second Quarter 2012 Bonanza Creek Energy Incorporated Earnings Conference Call. My name is Aaron and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question-and-answer session toward the end of today’s conference. (Operator Instructions)

I’ll now turn the presentation over to your host for today’s conference, Mr. James Masters, Investor Relations Manager. Please proceed, sir.

James Masters

Thanks, Aaron. Good morning, everyone, and welcome to Bonanza Creek’s second quarter 2012 earnings call and webcast. We’re glad that you could join us today. As you know yesterday, we issued our earnings release for the second quarter and filed our 10-Q with the SEC. You can access both on our website at www.bonanzacrk.com.

Before we get started, please be aware that our remarks today will include forward-looking statements. These statements are subject to many risks and uncertainties that could cause actual results to differ materially from our expectations as expressed. These factors are described in our SEC filings and we refer you to our website or to the SEC’s website to review those filings. We undertake no obligation to publicly update or revise any forward-looking statements.

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