Petronor E&P Asa (PTEAF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.618 Good morning. My name is Jens Pace. I'm the CEO of Petronor. 00:00:04.618 -- 00:00:09.867 And it's a great pleasure to be back here in a delightfully sunny Oslo to 00:00:09.867 -- 00:00:15.355 give an update on the company. We put out a report this morning 00:00:15.355 -- 00:00:20.503 for the 1Q results of this year. And so I have a few slides 00:00:20.503 -- 00:00:25.510 to take some highlights from that report. But the main point of 00:00:25.510 -- 00:00:28.013 me being here is to answer your questions. 00:00:28.013 -- 00:00:33.399 So please start sending them in and we'll get back to them 00:00:33.399 -- 00:00:36.280 after a short presentation. 00:00:37.044 -- 00:00:42.049 So we start with the disclaimer slide. Now, I have been using this slide for 00:00:42.049 -- 00:00:45.333 years and it's never changed, but there are some changes in this one. 00:00:45.333 -- 00:00:51.178 So the eagle-eyed amongst you might want to have a look at that. 00:00:51.179 -- 00:00:56.508 The outline of the presentation, I'll give a brief update on production mainly, 00:00:56.508 -- 00:01:03.040 and then go into the financial performance and make some comments about shareholder value. 00:01:03.040 -- 00:01:08.410 There's a few slides describing the portfolio, which is a somewhat standardized 00:01:08.410 -- 00:01:10.233 pack, but 00:01:10.233 -- 00:01:15.395 it gives us an opportunity to get into a little bit more detail on each of the assets. 00:01:15.395 -- 00:01:20.864 And then an update on the UrcaCrim investigation, a bit before 00:01:20.864 -- 00:01:26.449 a summary of the highlights of the first quarter and some... 00:01:30.078 -- 00:01:34.625 Good morning. My name is Jens Pace. I'm the CEO of Petronor. 00:01:34.625 -- 00:01:39.633 And it's a g...