International Petroleum Corp (TSX:IPCO)
C$ 18.49 -0.11 (-0.59%) Market Cap: 2.31 Bil Enterprise Value: 2.36 Bil PE Ratio: 10.81 PB Ratio: 1.70 GF Score: 85/100
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Q2 2022 International Petroleum Corp Earnings Call Transcript

Aug 02, 2022 / 07:00AM GMT
Release Date Price: C$15.82 (+1.09%)
Operator

Welcome to the International Petroleum Corporation Q2 reports 2022. (Operator Instructions) Just to remind you this conference is being recorded. I'll now hand the floor to Mike Nicholson.

Mike Nicholson
International Petroleum Corporation - President, CEO & Director

Thank you very much, Operator, and a very Good morning to everybody. Great to be here to present IPC's second quarter results. My name is Mike Nicholson. I am the CEO. Also joining me this morning to present the financial numbers is Christophe Nerguararian, the CFO. And Rebecca Gordon, who's our VP of Corporate Planning and Investor Relations, will moderate the Q&A session at the end. And you can ask questions for those joining on the conference call line and you can also submit your questions online via the webcast.

So to start with the highlights from the second quarter, IPC is achieving new records on all fronts and if we start with our production numbers, we achieved a record, a quarterly production in Q2, averaging 49,400 barrels of oil equivalent per day. And that's above

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