Core Laboratories N.V. ( CLB) Q3 2011 Earnings Conference Call October 20, 2011 8:30 AM EST Executives David Demshur – Chairman, CEO, and President Dick Bergmark – EVP and CFO Monty Davis – COO Analysts Jim Crandell – Dahlman Rose James West – Barclays Capital Doug Becker – Bank of America Merrill Lynch Rob Mackenzie – FBR Veny Aleksandrov – Pritchard Capital John Daniels – Simmons & Company Stephen Gengaro – Sterne Agee Victor Marchon – RBC Capital Markets Blake Hutchinson – Howard Weil John Lawrence – Tudor Pickering PresentationOperator Good morning. My name is Jurie [ph] and I will be your conference operator today. At this time, I would like to welcome everyone to the Core Lab Q3 2011 earnings conference call. All lines have been placed on mute to prevent any background noise. (Operator Instructions).
Thank you. At this time, I’d like to turn the call over to Core Laboratories’ Chairman, CEO, and President, Mr. David Demshur. Sir, you may begin your conference. David Demshur Thanks Jurie. Good morning in North America, good afternoon in Europe and good evening in Asia Pacific. We would like to welcome all of our shareholders, analysts, and most importantly, our employees to Core Laboratory's third quarter 2011 earnings conference call. This morning I am joined by Dick Bergmark, Core's Executive Vice President and CFO. Also, again this morning, we are again joined by Core's COO, Monty Davis, who will present the detailed operational review. The call will be divided into five segments. Dick will start by making remarks regarding forward-looking statements. Then, we'll come back and give a brief investor update and highlight the three financial tenets by which Core's executive management executes the company's growth strategies. We believe that these three financial tenants have produced industry-leading shareholder returns and returns on invested capital.