Corey Ruttan
CEO, President & Non-Independent Director

Good morning, and thank you for joining us for our Q1 2026 earnings presentation. I'm Corey Ruttan, President and CEO. I'm joined by Alison Howard, our Chief Financial Officer; and Adrian Audet, our Vice President, Asset Management.

Alison Howard
Chief Financial Officer

Good morning, everyone. Just a few administrative points before we jump into our presentation. We will be recording today's call, and we will have a replay available on our website later on today. [Operator Instructions]

Lastly, we will be going through various non-GAAP measures and making forward-looking statements throughout this presentation. So we do encourage you to read through all of the disclosures and cautionary statements that we have both in our corporate presentation on our website as well as in our MD&A that is also on our website.

Corey Ruttan
CEO, President & Non-Independent Director

Great. Thank you, Alison. So if you recall, at the beginning of 2025, we did upgrade our gas sales agreement. And then when you combine that with some of the strength that we demonstrated on our Murucututu project, particularly with the 183-D4 well, we were able to deliver some pretty strong results in 2025. Our production was up 41% year-over-year, and we exited the year with a record quarter of 2,867 barrels of oil equivalent per day in the fourth quarter. And we're pleased to say that we had an even higher record quarter in Q1 of this year that we just announced along with the financial results here at over 3,100 barrels of oil equivalent per day.