McMoRan Exploratio (MMR) Q4 2010 Earnings Call January 18, 2011 10:00 am ET Executives Kathleen Quirk - Senior Vice President and Treasurer James Moffett - Co-Chairman, Chief Executive Officer and President Richard Adkerson - Co-Chairman Analysts Joan Lappin - Gramercy Capital Eric Anderson - Analyst Joseph Bachmann - Howard Weil Incorporated Joseph Allman - JP Morgan Chase & Co Duane Grubert - Susquehanna Financial Group, LLLP Richard Tullis - Capital One Southcoast, Inc. Adam Duarte - Omega Noel Parks - Ladenburg Thalmann & Co. Inc. Nicholas Pope - Dahlman Rose & Company, LLC Leon Cooperman - Omega Advisors, Inc. PresentationOperator
Ladies and gentlemen, thank you for standing by. Welcome to the McMoRan Exploration Fourth Quarter Conference Call. [Operator Instructions] I would now like to turn the conference over to Ms. Kathleen Quirk, Senior Vice President and Treasurer. Please go ahead, ma'am. Kathleen Quirk Thank you. Good morning, and welcome to the McMoRan Exploration Fourth Quarter 2010 Conference Call. Our results were released earlier this morning, and a copy of the press release is available on our website at mcmoran.com. Our call today is being broadcast live on the Internet, and anyone may listen to the conference call by accessing our website Home page and clicking on the webcast link for the conference call. As usual, we have several slides to supplement our comments this morning, and we'll be referring to the slides during the call. They are also accessible using the webcast link on mcmoran.com. In addition to analysts and investors, the financial press has been invited to listen to today's call, and a replay of the webcast will be available on our website later today.