International Petroleum Corp (LTS:0V1L)
kr 121 -1.85 (-1.51%) Market Cap: 14.61 Bil Enterprise Value: 16.21 Bil PE Ratio: 8.52 PB Ratio: 1.41 GF Score: 85/100

Q2 2023 International Petroleum Corp Earnings Call Transcript

Aug 01, 2023 / 07:00AM GMT
Release Date Price: kr95.76 (-3.00%)
Mike Nicholson
International Petroleum Corporation - President, CEO & Director

Okay. So a very good morning to everybody, and welcome to IPC's Second Quarter Results and Operations Update Presentation. My name is Mike Nicholson. I'm the CEO. Joining me in presenting this morning is Christophe Nerguararian, the CFO; and we also have Rebecca Gordon with us, who is our VP of Corporate Planning and Investor Relations.

I'll begin with a run-through of the operations reports and some of the highlights, and then I'll pass across to Christophe, who will run through the financial numbers in a bit more detail. And then at the end of both the presentations, we'll of course, open up for the opportunity to ask questions, and we can take questions from those dialing in on the conference line or you can also send in your questions via the web.

So to get started, another very solid quarterly performance from IPC starting with the Q2 highlights and production. The second quarter average production numbers were 51,800 barrels of oil equivalent per day. That's our second quarter this year above the

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