Operator

Thank you for standing by. This is the conference operator. Welcome to the Baytex Energy Corp. First Quarter 2026 Financial and Operating Results Conference Call. [Operator Instructions] The conference is being recorded. [Operator Instructions]

I would now like to turn the conference over to Brian Ector, Senior Vice President, Capital Markets and Investor Relations. Please go ahead.

Brian Ector
Senior VP of Capital Markets & Investor Relations

Thanks, Dave. Good morning, and welcome to Baytex's First Quarter 2026 Results Conference Call. Joining me today are Chad Lundberg, our President and Chief Executive Officer; Kendall Arthur, our Chief Operating Officer; and Chad Kalmakoff, our Chief Financial Officer. This is Chad's first call as CEO and Kendall's first as COO.

Before we begin, please note that our discussion today contains forward-looking statements within the meaning of applicable securities laws. I refer you to the advisories regarding forward-looking statements, oil and gas information and non-GAAP financial and capital management measures in yesterday's press release. All dollar amounts referenced in our remarks are in Canadian dollars unless otherwise specified. After our prepared remarks, we'll open the call for questions. Webcast participants can also submit questions online.

With that, let me turn the call over to Chad.

Chad Lundberg
President, CEO & COO

Well, good morning, everyone. Q1 was a strong start to the year. Production averaged above the high end of our