Energy XXI (Bermuda) Limited's CEO Discusses Q3 2012 Results - Earnings Call Transcript

Energy XXI (Bermuda) Limited (EXXI)

Q3 2012 Earnings Call

May 03, 2012 10:00 am ET

Executives

Stewart Lawrence - Vice President of Investor Relations and Communications

John Daniel Schiller - Chairman and Chief Executive Officer

David West Griffin - Chief Financial Officer

Analysts

Joseph Bachmann - Howard Weil Incorporated, Research Division

Duane Grubert - Susquehanna Financial Group, LLLP, Research Division

Unknown Analyst

Andrew Coleman - Raymond James & Associates, Inc., Research Division

David Deckelbaum - KeyBanc Capital Markets Inc., Research Division

Michael Kelly - Global Hunter Securities, LLC, Research Division

Robert Ferer - KeyBanc Capital Markets Inc., Research Division

Presentation

Operator

Ladies and gentlemen, good day. At this time, I'd like to welcome everyone to the Energy XXI Third Quarter 2012 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded. And now I would like to turn the call over to Stewart Lawrence, Vice President of Investor Relations. Please go ahead, sir.

Stewart Lawrence

Thank you, Allie. Welcome to the call, everyone. Presenting today is John Schiller, Chairman and CEO; and West Griffin, CFO; and a few others in the room to help answer questions when we're done.

Before we get started, I need to remind everyone that our remarks today, including answers to your questions, include statements that we believe to be forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those currently anticipated.

Those risks can include, among others, matters that we've described in our earnings releases issued last night and in our public filings. We disclaim any obligation to update these forward-looking statements. While the company believes these forward-looking statements are reasonable, they are subject to factors such as commodity prices, competition, technology and environmental and regulatory compliance. Our drilling schedules, capital plans and other factors may cause our results to differ materially. I urge you to read our 10-K and the latest 10-Q to become better familiar with these risks and our company.

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