Pioneer Drilling's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Pioneer Drilling Company (PDC)

Q1 2012 Earnings Call

May 08, 2012 11:00 a.m. ET

Executives

Stacy Locke – President and Chief Executive Officer

Lorne Phillips – Executive Vice President and Chief Financial Officer

Anne Pearson – DRG&L, Investor Relations

Blaine David – Executive Vice President, Operation

Joe Eustace – Executive Vice President and President Production Services

Analysts

Brian Uhlmer – Global Hunter Securities

Veny Aleksandrov – Pritchard Capital Partners, LLC

Daniel Burke – Johnson Rice & Company

Jim Rollyson – Raymond James

Josh Lingsch – Simmons & Company

Rajiv Singla – Putnam Investment

Presentation

Operator

Good day ladies and gentlemen. Thank you for standing by. Welcome to the Pioneer Drillings First Quarter 2012 Earnings Conference Call. During today’s presentation all parties will be in a listen-only mode. Following the presentation the conference will be opened for questions. [Operator Instructions] This conference is being recorded today, Tuesday May 8th, 2012. I would now like to hand the conference over to Anne Pearson of DRG&L, Investor Relations. Please go ahead.

Anne Pearson

Thank you Alicia and good morning everyone. Before I turn the call over to Pioneer’s CEO, Stacy Locke and to CFO Lorne Phillips for their formal remarks, I have a few of the usual items to cover. First of all, a replay of today’s call will be available and will be accessible by webcast by going to the IR section of Pioneer’s website and also by telephone replay. You can find the replay information for both in this morning’s news release.

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