Vermilion Energy Inc Annual Shareholders Meeting Transcript
So good afternoon and welcome and thank you to everybody who is participating in this 25th AGM. I'm going to cover three topics today, a brief review of our first quarter, give you a update on Vermilion's overall status and finally I'd like to talk to you about our efforts in sustainability, which are really at the core of our corporate strategy. And I would ask you to refer to the advisories that we have at the end of the presentation and on our website.
So for the Q1 review, I felt both on an operating basis and a financial basis it was a very good quarter for us. We produced over 103,000 barrels a day. That was a 2% increase from the fourth quarter, 2% on a per share basis as well. We had increases in Australia, Canada, United States, Germany and France.
On a year-over-year basis, Q1 was up 47% compared to 2018, and 18% on a per share basis with respect to production due to increases in Australia, Canada and the U.S.
With respect to cash flow or fund flows from operations, FFO, we
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