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

FX Energy Inc. (FXEN)

Q2 2012 Results Earnings Call

August 9, 2012 4:30 PM ET

Executives

Clay Newton – VP, Finance

David Pierce – Chief Executive Officer

Analysts

Kim Pacanovsky – MLV & Co.

Kevin Kwan – Macquarie

Chad Mabry – KLR Group

Daniel Mittag – Oppenheimer

Zachary Prensky – Little Bear Investments

Roger Liddell – Clear Harbor Asset Management

Presentation

Operator

Please standby. Good afternoon, ladies and gentlemen. And welcome to the FX Energy, Incorporated Second Quarter 2012 Financial and Operating Results Conference Call. Today’s conference is being recorded.

And at this time, I will turn the conference over to Mr. Clay Newton. Please go ahead, Mr. Newton.

Clay Newton

Thank you, Kelcey. Thank you all for joining us today. I’m Clay Newton, VP of Finance here at FX Energy. Welcome to our 2012 second quarter and first half earnings call.

The call will follow the usual format. I‘ll talk about just a few key financial items, as substantial detail is available in our earnings release and 10-Q that were filed earlier today and can now be found on our website. After that, David Pierce, our CEO will provide some operational updates. We will also have a Q&A at the end of David’s remarks.

I'd like to remind investors that during today's call we will be making statements that are forward-looking and consequently are subject to risks and uncertainties. Examples of these statements include statements regarding exploration, drilling, development, construction or other projects, or operations that may be subject to the successful completion of technical work; environmental, governmental or partner approvals, equipment availability, or other things that are or may be beyond our control.

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