Alvopetro Energy Ltd. (ALV:CA) Q2 2026 Earnings Call Transcript

Corey Ruttan
CEO, President & Non-Independent Director

Good morning. Thank you for joining us today for our Q2 2026 results webcast. I’m Corey Ruttan, President and CEO, and I’m joined by Alison Howard, our Chief Financial Officer; and Adrian Audet, our Vice President, Asset Management.

Alison Howard
Chief Financial Officer

Hi, everyone. Just a few administrative points before we begin. We will be recording today’s webcast, and we’ll have a replay available on our website later on today. [Operator Instructions].

Lastly, we will be going through various non-GAAP measures, oil and gas metrics, and we will be making some forward-looking statements throughout this presentation. So please do read the various cautionary statements we have at the end of our corporate presentation that’s posted to our website and all of the further disclosures that are in our MD&A also on our website.

Adrian Audet
Vice President of Asset Management

All right. So just talk about our production. Recall, we had some pretty strong results last year. We had 41% year-over-year production growth last year. But certainly, the first part of 2026 here is off to a pretty strong start as well. If you remember, we had record quarterly production in Q1 at over 3,100 barrels a day. Q2 at 3,067 barrels of oil equivalent per day was pretty consistent with that. And we also announced yesterday our July production update, which again is over 3,100 barrels a day. So first 7 months of 2026, again, quite strong. We’re up roughly another 25% over that 2025 average that we had.

Alison Howard
Chief Financial