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

SandRidge Mississippian Trust II (SDR)

Q2 2012 Earnings Conference Call

August 10, 2012 09:30 AM ET

Executives

James Bennett – Chief Financial Officer

Tom Ward – Chairman & Chief Executive Officer

Matt Grubb – President & Chief Operating Officer

Analysts

John Ragozzino - RBC Capital Markets

Kevin Smith - Raymond James

Aaron Terry - Kayne Anderson

Presentation

Operator

Good day ladies and gentlemen and welcome to the Second Quarter 2012 SandRidge Mississippian Trust II Earnings Conference call. At this time all participants are in a listen-only mode. (Operator Instruction) As a reminder this conference is being recorded for replay purposes. I would now like to turn the call over to Mr. James Bennett, Chief Financial Officer. Please proceed sir.

James Bennett

Thank you. Welcome everyone and thank you for joining us on the SandRidge Mississippian Trust II conference call. Joining me today are SandRidge Energy Officers Tom Ward, Chairman and CEO and Matt Grubb, President and COO.

This call is intended to cover SandRidge Mississippian Trust II and not SandRidge Energy or other royalty trusts and except as otherwise noted, this call will address results for the three month period, March through May, 2012. The call at the trust has no employees or officers and SandRidge Energy has sponsored the trust, operates the majority of the trust properties.

Please note that today’s call may contain forward looking statements and assumptions which are subject to inherent risks and uncertainties, and actual results may differ materially from those projected in these forward looking statements. Additional information about risk factors and other factors that could potentially affect the trust and its financial results are included in the trust press release issued July 26 and in the trust filings with the SEC.

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