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August 27, 2012 12:00 p.m. ET
Alf Thorkildsen - CEO and President
Rune Magnus Lundetræ - CFO and SVP
Robert Hingley-Wilson - CAO and SVP
Ragnvald Kavli – IR Manager
Lukas Daul - Enskilda Securities ASA
Andreas Stubsrud – Pareto Securities
Robert Jensen - Platou Markets
Ryan Kauppila - Citigroup
Monroe Helm - Barrow Hanley
Julien Laurent - Natixis
Good day and welcome to the second quarter 2012 earnings release conference call. Today’s conference is being recorded and at this time, I would like to turn the call over to your host today Mr. Ragnvald Kavli. Please go ahead sir.
Thank you and welcome to our second quarter 2012 earnings conference call. Please note that this conference call also includes comments on the second quarter 2012 accounts for our majority owned OTC listed subsidiary North Atlantic Drilling Limited. The quarterly reports and other supporting materials are available on SEDAR.com and (indiscernible).
Together with me on this call, I have our CEO and President, Mr. Alf Thorkildsen and our CFO and Senior Vice President, Mr. Rune Magnus Lundetræ and Robert Hingley-Wilson, our Senior Vice President and Chief Accounting Officer. But before I give the words to Alf to give us an update and the status of our business, I’d like to remind everyone that during the course of this call, we may make certain forward looking statements regarding matters related to our business and company that are not based on historical facts. Please note that such statements in addition to other information discussed are given within the safe harbor provisions provided by the federal securities regulations. For future and more detailed description of other risks associated with our company and industry, please see our most recent annual reports on Form 20-F and other filings with the SEC.