Q3 2019 Prairiesky Royalty Ltd Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the PrairieSky Royalty announces their third quarter 2019 financial results conference call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)
I would now like to hand the conference over to your speaker today, Andrew Phillips, President and CEO. Please go ahead, sir.
Thank you, Ian. Good morning, and thanks for dialing in to the Q3 2019 PrairieSky Earnings Call. On the line from PrairieSky are Pam Kazeil, CFO; Cam Proctor, COO; and myself, Andrew Phillips.
Before handing the call over to Pam to walk through the financials, I'll provide an operational update. Free cash flow for the quarter totaled $48.8 million. This was allocated to $45.5 million in dividends and $3.9 million was spent on adding approximately 85,000 Clearwater acres with drilling commitments. The total Clearwater land is over 840,000 acres. The Clearwater play has
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