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Oasis Petroleum (OAS) Q2 2018 Results - Earnings Call Transcript

Aug. 07, 2018 1:47 PM ETChord Energy Corporation (CHRD)
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Oasis Petroleum, Inc. (OAS) Q2 2018 Earnings Call August 7, 2018 11:00 AM ET


Michael H. Lou - Oasis Petroleum, Inc.

Thomas B. Nusz - Oasis Petroleum, Inc.

Taylor L. Reid - Oasis Petroleum, Inc.


Jeoffrey Restituto Lambujon - Tudor, Pickering, Holt & Co. Securities, Inc.

Noel Parks - Coker & Palmer, Inc.

Gail Nicholson - KLR Group LLC


Good morning. My name is Keith and I will be your conference operator today. At this time, I'd like to welcome everyone to the Second Quarter 2018 Earnings Release and Operations Update for Oasis Petroleum. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

I would now turn the call over to Michael Lou, Oasis Petroleum CFO, to begin the conference. Thank you. You may now begin your conference.

Michael H. Lou - Oasis Petroleum, Inc.

Thank you, Keith. Good morning, everyone. Today, we are reporting our second quarter 2018 financial and operational 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. Please be advised that our remarks on both Oasis Petroleum and Oasis Midstream Partners, including the answers to your questions, include statements that we believe to be forward-looking statements within the meaning of the Private Securities 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 disclosed in our earnings releases and conference calls.

Those risks include, among others, matters that we have described in our earnings releases as well as in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on

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