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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Q1 2023 International Petroleum Corp Earnings Call Transcript

May 02, 2023 / 07:00AM GMT
Release Date Price: C$12.1 (-7.77%)
Mike Nicholson
International Petroleum Corporation - President, CEO & Director

Okay. So a very good morning to everybody, and welcome to IPC's First Quarter Results and Operations Update Presentation. My name is Mike Nicholson. I'm the CEO of IPC. And joining me this morning presenting the financial numbers is Christophe Nerguararian, and we also have Rebecca Gordon, who is our Vice President of Corporate Planning and Investor Relations.

I'll start in the usual form by running through the highlights and the operations update, and then I'll pass across to Christophe, who will walk you through the detailed financial numbers. And then at the end of both our presentations, of course, there will be the opportunity to ask questions. And we can take questions from those joining on the conference call, and you can also send in your questions via e-mail -- bia the Internet, sorry. So to get started with the highlights from the first quarter. In terms of our production performance, it was a record production level. We achieved average production of just under 53,000 barrels of oil equivalent per day,

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