Warren's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Warren Resources, Inc. (WRES)

Q2 2012 Earnings Conference Call

August 7, 2012 10:00 AM ET

Executives

Espy P Price - Chairman & CEO

Steve Heiter - President of Principal Subsidiary

Ron Morin - Senior Vice President

Tim Larkin - Executive Vice President & CFO

Analysts

Jeffrey Connolly – Sidoti

Ray Deacon – Brean Murray

Leo Mariani – RBC

Jack Aydin – KeyBank Markets

Presentation

Operator

Good day ladies and gentlemen and welcome to the Q2 2012 Warren Resources Earnings Conference Call. My name is Karen and I will be your operator for today. At this time all participants are in a listen-only mode. And then we will conduct a question-and-answer session towards the end of this conference. (Operator Instructions)

As a reminder this call is being recorded for replay purposes and I’d like to turn the call over to Espy Price, the Chairman and CEO of Warren Resources.

Espy Price

Good morning everyone. Thank you for joining us for Warren Resources second quarter 2012 financial and operating results conference call.

With me in Warrens’ Long Beach Office is Steve Heiter, the President of our Principal Subsidiary, Warren E&P in California and Ron Morin, our Senior Vice President responsible for development. Tim Larkin, our Executive Vice President and CFO, is joining us from our New York City headquarters.

This is my first earnings call as the new CEO of Warren and I’m very excited about the opportunities in front of us. Before I turn the microphone over to Tim to cover the financial results and Steve to discuss our oil and gas operations, I would like to briefly comment on our performance for the second quarter of 2012 and the future direction of the company.

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