PetroQuest Energy, Inc. (PQ) Q2 2012 Earnings Call August 2, 2012 9:30 AM ET Executives Matt Quantz – IR Charles Goodson – Chairman, President and CEO Bond Clement – EVP, CFO and Treasurer Analysts Will Green – Stephens Andrew Coleman – Raymond James Adam Lawlis – Simmons & Company Richard Tullis – Capital One Southcoast Don Crist – Johnson Rice Tim Rezvan – Sterne Agee PresentationOperator
Good morning, and welcome to the Petroquest Energy, Inc.’s Second Quarter 2012 Conference Call. (Operator Instructions) Please note that this event is being recorded. I would now like to turn the conference over to Matt Quantz. Please go ahead. Matt Quantz Good morning, everyone. We would like to welcome you to our second quarter conference call and webcast. Participating with me today on the call are Charles Goodson, Chairman, CEO and President; Todd Zehnder, COO; and Bond Clement, CFO. As you’ve come to expect, we would like to make our Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. Statements made today regarding Petroquest business, which are not historical facts are forward-looking statements that involve risk and uncertainties. For a discussion of such risks and uncertainties which could cause the actual results to differ from those contained in the forward-looking statements, see Risk Factors in our annual and quarterly SEC filings, and in the forward-looking statements in our press release. We assume no obligation to update our forward-looking statements. Please also note that on today’s call we will be referring to non-GAAP financial measures, including discretionary cash flow. Historical non-GAAP financial measures are reconciled for the most directly comparable GAAP measures in our press release included in our Form 8-K filed with the SEC today.