GulfMark Offshore, Inc. (GLF)

Q1 2010 Earnings Call

April 28, 2010 9:00 am ET


David Butters - Chairman

Bruce Streeter - President and CEO

Quintin Kneen - CFO


James West - Barclays Capital

Judd Bailey - Jefferies

Bo Mckenzie - Global Hunter

Marius Gaard - Carnegie Investment Bank Ab

J.C. Harrington - BHP Billiton



Good morning. At this time, I would like to welcome everyone to the GulfMark Offshore Incorporated first quarter Earnings Call.

On the call today are David Butters, Chairman; Bruce Streeter, President and Chief Executive Officer; and Quintin Kneen, Chief Financial Officer.

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).

This conference call will include comments which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors. These risks are more fully disclosed in the company’s filings with the SEC. The forward-looking comments on this conference call should not therefore be regarded as representations and the project outcomes can or will be achieved.

Thank you. I would now like to turn the call over to Mr. Butters. Please proceed.

David Butters

Good morning everyone and welcome to GulfMark Offshore’s first quarter 2010 earnings conference call.

When we last met, we hinted that perhaps we were bumping along the bottom of the business cycle and hope things might get better from there. Today I think I can say with a great deal of confidence that we indeed are on the upward moving slope and that I must tell you feels a lot better.

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