integrated oil and gas companies. We compete in different product and service lines to various degrees on the basis of price,  technical performance, availability, quality and technical support. Our ability to compete successfully depends on elements both within  and outside of our control, including successful and timely development of new services and products, performance and quality, client  service, pricing, industry trends and general economic trends. Our business and operations are substantially dependent upon the condition of the global oil and gas industry. Future downturns in  the oil and gas industry, or in the oilfield services business, may have a material adverse effect on our financial position, results of  operations or cash flows. The oil and gas industry is highly cyclical and has been subject to significant economic downturns at various times as a result of  numerous factors affecting the supply of and demand for oil and natural gas, including the level of capital expenditures of the oil  and gas industry, the level of drilling activity, the level of production activity, market prices of oil and gas, economic conditions exist- ing in the world, interest rates and the cost of capital, environmental regulations, tax policies, political requirements of national  governments, coordination by the Organization of Petroleum Exporting Countries (“OPEC”), cost of producing oil and natural gas, and technological advances. As of December 31, 2013, we had approximately 5,000 employees. We do not have any material collective bargaining agreements and  consider relations with our employees to be good. Our primary internet address is http://www.corelab.com. We file or furnish Quarterly Reports on Form 10-Q, Annual Reports on Form  10-K, Current Reports on Form 8-K, and any amendments to those reports with the U.S. Securities and Exchange Commission (“SEC”).  These reports are available free of charge through our web site as soon as reasonably practicable after they are filed or furnished elec- tronically with the SEC. We may from time to time provide important disclosures to investors by posting them in the investor relations  section of our web site, as allowed by SEC rules. Materials we file with the SEC may be read and copied at the SEC’s Public Reference Room at 100 F Street, N.E., Washington, D.C.  20549. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. The SEC  also maintains an internet website at http://www.sec.gov that contains reports, proxy and information statements, and other informa- tion regarding our company that we file electronically with the SEC. Our forw ard-looking statements are based on assumptions that we believe to be reasonable but that may not prove to be accur ate . All of our forw ard-looking information is ,  therefore ,  subject to risks and uncertainties that could cause actual results to differ materially from the results expected.All known,  material risks and uncertainties are discussed below . The oil and gas industry is highly cyclical and demand for the majority of our oilfield services and products is substantially dependent  on the level of expenditures by the oil and gas industry for the exploration, development and production of crude oil and natural gas  reserves, which are sensitive to oil and natural gas prices and generally dependent on the industry’s view of future oil and gas prices.  There are numerous factors affecting the supply of and demand for our services and products, which are summarized as: Future downturns in the oil and gas industry, or in the oilfield services business, may have a material adverse effect  on our financial condition or results of operations. Web Site Access to Our Periodic SEC Reports ITEM 1A. RISK FACTORS Employees Reliance on the Oil and Gas Industry • general and economic business conditions; • market prices of oil and gas and expectations about future prices; • cost of producing and the ability to deliver oil and natural gas;