Q4 2021 Freehold Royalties Ltd Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the fourth quarter results conference call.
I would now like to turn the meeting over to Mr. David Spyker. Please go ahead, Mr. Spyker.
Good morning, and thank you for attending. We're excited to share our Q4 2021 results with you this morning. Joining me today are Dave Hendry, our CFO; and Rob King, our Vice President, Business Development; and Matt Donohue, our Manager of Investor Relations and Capital Markets.
2021 was a transformational year for Freehold. We completed $377 million in acquisitions and set record production levels at 14,005 BOE per day in Q4. We positioned our portfolio with the addition of royalty lands in the premier oil and gas basins across North America, including the Permian, Eagle Ford oil basins, Haynesville gas basin and the Clearwater oil play.
With we have achieved the following: we delivered $69 million in funds from operations, our highest quarterly funds flow ever. This
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