Oasis Petroleum's (OAS) CEO Thomas Nusz on Q1 2014 Results - Earnings Call Transcript

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Oasis Petroleum (OAS) Q1 2014 Earnings Call May 6, 2014 11:00 AM ET

Executives

Michael H. Lou - Chief Financial Officer and Executive Vice President
Thomas B. Nusz - Chairman and Chief Executive Officer
Taylor L. Reid - President, Chief Operating Officer and Director

Analysts

Scott Hanold - RBC Capital Markets, LLC, Research Division
Ryan Oatman - SunTrust Robinson Humphrey, Inc., Research Division
David W. Kistler - Simmons & Company International, Research Division
Andrew Venker - Morgan Stanley, Research Division
David R. Tameron - Wells Fargo Securities, LLC, Research Division
Subash Chandra - Jefferies LLC, Research Division
James Sullivan - Alembic Global Advisors
Daniel Braziller - Jefferies LLC, Research Division
David Martin Heikkinen - Heikkinen Energy Advisors, LLC
Rhys D. Williams - Johnson Rice & Company, L.L.C., Research Division
Andrew Coleman - Raymond James & Associates, Inc., Research Division
Noel A. Parks - Ladenburg Thalmann & Co. Inc., Research Division
Irene O. Haas - Wunderlich Securities Inc., Research Division

Operator

Good morning. My name is Mike, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2014 Earnings Release and Operations Update for Oasis Petroleum. [Operator Instructions] I will now turn the call over to Michael Lou, Oasis' CFO, to begin the conference. Thank you. Mr. Lou, you may begin your conference.

Michael H. Lou

Thank you, Mike. Good morning, everyone. This is Michael Lou. Today, we are reporting our first quarter 2014 results. We're delighted to have you on our call. I'm joined today by Tommy Nusz and Taylor Reid, as well as other members of the team. Taylor will reference our corporate presentation during his remarks. You can find it posted on our website at oasispetroleum.com. Please be advised that our remarks, including the answers to your questions, include statements that we believe to be forward-looking statements within the meaning of

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