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

Q3 2023 International Petroleum Corp Earnings Call Transcript

Oct 31, 2023 / 08:00AM GMT
Release Date Price: C$14.49 (+3.43%)
Mike Nicholson

Okay. So a very good morning to everybody, and welcome to IPC's Third Quarter Results and Operations Update Presentation. My name is Mike Nicholson. I'm the CEO of IPC. Also joining me this morning and presenting is Christophe Nerguararian, the CFO; and Rebecca Gordon, who is our VP of Investor Relations and Corporate Planning.

I'll be beginning in the usual fashion by walking through the operations report. Christophe will then run through the detailed financial numbers. And then at the end of both presentations, we'll of course, have the opportunity to take any questions that you have and you can send your questions in via the website or we can also take questions from the conference call.

So to get started with the Q3 highlights. It's been another very solid quarterly performance from the company in terms of production. Our third quarter production numbers were above 50,000 barrels of oil equivalent per day. So still in a good position to retain our full year guidance of in excess of 50,000 barrels of oil equivalent per day.

On the cost side, third quarter operating

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