Operator

Good day and welcome to the Major Drilling Fourth Quarter Results 2026. [Operator Instructions]. Please note this call is being recorded.

I would like to turn the call over to Ryan Hanley, Director of Capital Markets. Please go ahead.

Ryan Hanley

Thank you, and good morning, everyone. As mentioned, we would like to welcome you to Major Drilling's conference call for the fourth quarter of fiscal 2026.

With me on the call today are Denis Larocque, President and CEO; and Ian Ross, CFO. Our results were released last night and can be found on our website at www.majordrilling.com. We also invite you to visit our website for further information.

Before we get started, we'd like to caution you that during this conference call, we'll be making forward-looking statements about future events or the future financial performance of the company. These statements are forward-looking in nature, and actual events or results may differ materially from those currently anticipated in such statements.

I'll now turn the presentation over to Denis Larocque, President and CEO.

Denis Larocque
President, CEO & Non-Independent Director

Thanks, Ryan, and good morning, everyone, and thank you for joining us today. As we close fiscal 2026, I'm very proud of our top-tier safety record as we achieved a total recordable incident frequency rate, TRIFR, of 0.85 in fiscal 2026. I'd like to once again thank our employees for their dedication in maintaining such a strong safety culture. That safety culture, along with our well-maintained fleet of rigs, optimal levels of inventory and dedicated crews continue to