Petronor E&P Asa (PTEAF) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.177 Good morning. My name is Jens Pace. I'm the CEO of Petronor. 00:00:04.177 -- 00:00:10.267 It's good to be back in Oslo to review our third quarter results with you today. 00:00:10.267 -- 00:00:15.154 We sent out a report earlier this morning and I have a fairly standardized slide pack 00:00:15.154 -- 00:00:20.162 to discuss those results. But the main point of being here is to answer 00:00:20.162 -- 00:00:26.322 your questions. So please do send them in and we'll get to them as quickly as possible. 00:00:26.322 -- 00:00:29.728 Thanks for your patience with a slightly later time this morning. 00:00:29.728 -- 00:00:34.798 We normally do this at nine o'clock. It was pointed out to us by Theodore 00:00:34.798 -- 00:00:38.906 Svean Nilsson of Sparebank that we were clashing with another company. 00:00:38.906 -- 00:00:44.015 So we moved it to avoid that conflict. And so I hope that 00:00:44.015 -- 00:00:49.742 means that Theodore, you can be watching us and thanks for following us. 00:00:50.268 -- 00:00:55.436 The normal disclaimer, and this is the outline of the presentation that I have today. 00:00:55.436 -- 00:01:00.946 It's a brief operational update, some comments on financial 00:01:00.946 -- 00:01:07.536 performance and our commitment to shareholder value, an overview of the portfolio, 00:01:07.536 -- 00:01:12.785 touch on what I can say about the investigation, and a summary 00:01:12.785 -- 00:01:17.289 then before we get to your questions. 00:01:18.297 -- 00:01:23.785 So starting with an operational update here, it's quite 00:01:23.785 -- 00:01:28.091 an uneventful quarter in terms of production. 00:01:28.091 -- 00:01:34.196 Third quarter production was on trend with previous quarters with a slight decline 00:01:34.580 -- 00:01:3...