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Memorial Resource Development's (MRD) CEO Jay Graham on Q4 2015 Results - Earnings Call Transcript


Good afternoon. Welcome to Memorial Resource Development Corp’s Conference Call to discuss its Fourth Quarter and Full Year 2015 Earnings. Today’s call is being recorded. A replay of the call will be accessible until March 02, 2016, by dialing 855-859-2056 and entering the conference ID number 36269632 or by visiting MRD’s website at

At this time, I will turn the call over to Hays Mabry, MRD’s Manager of Investor Relations, for some opening remarks. Please go ahead.

Hays Mabry

Thank you for joining our fourth quarter and full year 2015 earnings conference call. With me on today’s call are Jay Graham, Chief Executive Officer; Larry Forney, Senior Vice President and Chief Operating Officer; and Drew Cozby, Senior Vice President and Chief Financial Officer.

Before I turn the call over to Jay, I first need to provide you with disclosure regarding forward-looking statements that we made during this call.

Some of the remarks and answers to questions by management may contain forward-looking statements and are based on certain assumptions and expectations of management. These remarks and answers reflect management’s current views with regard to future events and are subject to various risks, uncertainties and assumptions. Although management...