Harbour Energy plc (HBR) Q4 2025 Earnings Call

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WEBVTT 00:00:01.651 -- 00:00:06.922 Good morning and welcome to Harbour Energy 2025 full year results. 00:00:06.922 -- 00:00:12.254 Today's presentation will be hosted by Linda Cook, CEO, Alexander Crane, CFO 00:00:12.254 -- 00:00:17.705 and Nigel Hearn, COO. After the presentation, we will take your questions. 00:00:17.705 -- 00:00:20.264 Linda, please go ahead. 00:00:20.264 -- 00:00:25.449 Great. Thank you, Dan. Good morning, all, and welcome to our 2025 full-year 00:00:25.449 -- 00:00:30.454 results call. I'm Linda Cook, the CEO of Harbor Energy, and as Dan said, joining 00:00:30.454 -- 00:00:35.659 me for the presentation today are Alexander Cranor, CFO, and Nigel Hearn, the Chief 00:00:35.659 -- 00:00:38.141 Operating Officer. Before 00:00:38.141 -- 00:00:43.306 we turn to results, I do want to first just acknowledge recent geopolitical events which 00:00:43.306 -- 00:00:48.391 are driving extreme commodity price volatility and raising concerns over 00:00:48.391 -- 00:00:50.771 energy security. 00:00:50.993 -- 00:00:56.222 In some ways, similar to where we were just about the same time last year with Liberation 00:00:56.222 -- 00:00:59.725 Day upon us, governments 00:01:00.049 -- 00:01:04.898 and businesses around the world coming to grips with the impacts of a wide range of new 00:01:04.898 -- 00:01:07.383 tariffs and trade agreements. 00:01:07.383 -- 00:01:12.151 And of course, not that long ago, before that, we had the Russian invasion of Ukraine, 00:01:12.151 -- 00:01:17.609 a conflict that continues to this day. and before that, a global 00:01:17.609 -- 00:01:22.234 pandemic, all in the last five to six 00:01:22.234 -- 00:01:26.718 years. These are all reminders that we live and make decisions within an uncertain and 00:01:26.718 -- 00:01:29.621 at times vo...