Ithaca Energy plc (ITH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. Those of you who are unfortunately not on holiday and joined us and those who are welcome to our first half 2026 result presentation. My name is Yanni Friedman. I'm the executive chairman of Thaca Energy and with me on the call today Luciano Vasquez our CEO and Ian Lewis our CFO. First slide as you can see delivering on our strategy This is a perfect example of a first half of the year that we've been executing all pillars of our strategy and what we'll cover today in our agenda as you can see on slide to its first half 2026 highlights our strategic operational review financial updates and then we'll open it up for questions and answers If you please move this like for a high level again our vision for scale stability and strength well demonstrated in our first half 2026 record quarterly production of 131 000 barrels per day of barrels of oil equivalent with an improved post health look that supports our robust cash flow generation I could say that we had as we said last quarter you know we saw the trend going into q2 We're seeing this trending into Q3, which is a heavy tar quarter for us, but we're recovering very well from this tar season. We're seeing this strong production trending into the third quarter as well. Stability, Rosebank nearing final stages of execution, and we're moving our organic portfolio forwards. with a pipeline of projects to enable us to take final investment decision on through the end of 26 and into 2027 and strengths significant available liquidity we have 1.9 billion dollars of available liquidity we also have an accordion that we can expand in our reserve-based lending facility of above 400 million dollars so significant liquidity We're also tuned to the market and taking advantage of opportunities. So we've done a...