Nexen Management Discusses Q2 2012 Results - Earnings Call Transcript

Nexen (NXY)

Q2 2012 Earnings Call

July 19, 2012 9:00 am ET

Executives

Janet Craig - Vice President of Investor Relations

Kevin J. Reinhart - Chief Executive Officer, Interim President and Director

Una M. Power - Interim Chief Financial Officer and Senior Vice President of Corporate Planning & Business Development

Analysts

George Toriola - UBS Investment Bank, Research Division

Katherine Lucas Minyard - JP Morgan Chase & Co, Research Division

Menno Hulshof - TD Securities Equity Research

Philip R. Skolnick - Canaccord Genuity, Research Division

Arjun N. Murti - Goldman Sachs Group Inc., Research Division

Greg M. Pardy - RBC Capital Markets, LLC, Research Division

Andrew Potter - CIBC World Markets Inc., Research Division

Robert Bellinski - Morningstar Inc., Research Division

Kam S. Sandhar - Peters & Co. Limited, Research Division

Mark Polak - Scotiabank Global Banking and Market, Research Division

Kyle Preston - National Bank Financial, Inc., Research Division

Presentation

Operator

Good morning, ladies and gentlemen. Welcome to Nexen's Second Quarter 2012 Conference Call. I would now like to turn the meeting over to Janet Craig, Nexen's Vice President of Investor Relations. Please go ahead, Ms. Craig.

Janet Craig

Thank you, Sarah. As a reminder, some of our comments today will be forward-looking in nature. Our earnings release provides more information about these statements and our AIF describes our various risk factors. We have a few slides that supplement our disclosure again this quarter. They are available on our website. You do not require them to follow our remarks this morning.

In a moment, I'm going to turn the call over to Kevin Reinhart, Nexen's Interim President and CEO. Joining him is Una Power, our Interim CFO. Kevin will provide an update on our operation results and progress against our strategic priorities, and then Una will provide some comments on the financial results. Kevin and Una will then be available to answer questions.

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