Statoil ASA (STO) Q2 2010 Earnings Call July 29, 2010 02:30 pm ET Executives Lars Sørensen - Head of IR Eldar Sætre - CFO Analysts Jason Kenny - ING Oswald Clint - Sanford Bernstein Jon Rigby - UBS Irene Himona - Exane BNP Paribas James Hubbard - Morgan Stanley Lucy Haskins - Barclays Capital Barry MacCarthy - Royal Bank of Scotland Michael Alford Kim Fustier - Credit Suisse PresentationLars Sørensen
Ladies and gentlemen welcome to Statiol's webcast and telephone conference on our second quarter 2010 earnings. I am Lars Sørensen; I'm the Head of Investor Relations. This presentation is a webcast presentation and is broadcasted live from our offices in Oslo. We can be followed on the web from statiol.com or by calling into the conference by phone. You will find dial-in numbers on our website. This morning at 7.30 AM Central European Time we announced our results for the second quarter 2010 and press release on the results were set through wires and to the Oslo Stock Exchange. The quarterly report and today's presentation pack as usual can be downloaded from our website statiol.com. On the front page of statiol.com there is a link directly to the presentation pack. Can I ask you please to take special notes on our usual forward-looking statements which are the slides on the last page of the presentation set? After the presentation, we will open to questions. Please observe that you will have to use a phone line to ask questions, questions cannot be asked directly from the web. The dial-in number is on the website. The operator of this conference call will revert to procedure of asking questions over the phone immediately before the Q&A session starts after the presentation.