Pioneer Southwest Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Pioneer Southwest Energy Partners L.P. (PSE)

Q2 2012 Earnings Call

August 01, 2012 12:00 pm ET

Executives

Scott Sheffield - Chairman and CEO

Rich Dealy - EVP and CFO

Frank Hopkins - SVP, IR

Analysts

Praneeth Satish - Wells Fargo

Jeff Strauss - Windover Capital

Aaron Terry - Kayne Anderson

John Razzano - RBC Capital Markets

Kevin Smith - Raymond James

Michael Peterson - MLV & Company

Presentation

Operator

Welcome to Pioneer Southwest Energy's second quarter conference call. Joining us today will be Scott Sheffield, Chairman and Chief Executive Officer; Rich Dealy, Executive Vice President and Chief Financial Officer; and Frank Hopkins, Senior Vice President of Investor Relations.

Pioneer Southwest has prepared PowerPoint slides to supplement their comments today. These slides can be accessed over the internet at www.pioneersouthwest.com. Again, the internet site to access the slides related to today's call is www.pioneersouthwest.com. At the website select Investor then select Investor Presentations.

The partnership's comments today will include forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements and the business prospects of Pioneer Southwest are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties are described in Pioneer Southwest's news release on Page 2 of the slide presentation and in Pioneer Southwest's public filings made with the Securities and Exchange Commission.

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