Earnings Call Excerpt
TXCO Resources Inc. (TXCO)
Q1 2008 Earnings Call
May 6, 2008 11:00 am ET
Executives
Roberto R. Thomae - Vice President-Capital Markets, Corporate Secretary
James E. Sigmon - Chairman of the Board, President and Chief Executive Officer
James J. Bookout - Vice President and Chief Operating Officer
P. Mark Stark - Vice President, Treasurer and Chief Financial Officer
Gary S. Grinsfelder - Vice President of Exploration
Analysts
Phil McPherson – Global Hunter Securities
Daniel Loeb - Third Point LLC
Neal Dingmann - Dahlman Rose & Co.
David [Nesgar] - RVC Wealth Management.
Neil Fagans - Fagans Consulting.
Patrick Walker - Walker Smith Capital
Kenneth Hunter - Calm Waters Investments
Presentation
Operator
Welcome to this quarterly call of TXCO Resources to discuss the company’s first quarter 2008 earnings and to review current operations. Operator Instructions) I would now like to turn the call over to Bob Thomae, Vice President of Capital Markets.
Roberto R. Thomae
Good morning and welcome to TXCO’s first quarter of 2008 conference call. Joining us this morning are James Sigmon, our CEO; James Bookout, our Chief Operating Officer; Mark Stark, our chief financial officer and Gary Grinsfelder, our Vice President of Exploration.
This morning we are going to focus on our quarterly financial results that we published yesterday, and update you on some current operations. After some brief prepared remarks, we will have time for some questions as well. I would like to remind you that this conference is being recorded, and will be available for replay approximately one hour after we finish today. The archived conference call, press releases and other information that we have published in the past can be found on our official resources website at www.txco.com, for your reference at your convenience.
Please also be advised that included in our answers to questions may include statements that we believe to be forward looking within the meaning of the private security and litigation reform act. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those currently anticipated.
All of these risks include matters which we have described in our past filings with the SEC, including our annual report on form 10-K for the year ended December 31, 2007. We will also file our first quarter 10-Q in just a few days. We disclaim any obligations to update these forward looking statements. During this conference call we may make references to EBITDA, EBITDAX, or other non-GAAP financial measures. The reputations of these non-GAAP measures to the applicable GAAP measures can be found within the earnings release.
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