Topaz Energy Corp. (TPZ) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Hannah and I will be your conference operator today. At this time, I would like to welcome everyone to the Topaz Energy Corporation second quarter 2026 results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, Simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press the star followed by the number two. Thank you. Mr. Scott Kerker, you may begin your conference. Thank you, Hannah, and welcome everyone to our discussion of Topaz Energy Corp.'s results as of June 30, 2026. My name is Scott Kerker, and I'm the General Counsel for Topaz. Before we get started, I'd refer you to the advisories on the forward-looking statements contained in the news release as well as the advisories contained in the Topaz AIF and its MD&A available on CDAR and on the Topaz website. I hope to draw your attention to the material factors and assumptions in those advisories. I'm here with Marty Staples, Topaz President, the Chief Executive Officer, and Cheree Stephenson, Vice President, Finance, and Chief Financial Officer. They will start by speaking to some of the highlights of the last quarter of the year so far. After the remarks, we will be open for questions. Marty, should we go ahead? Thank you, Scott. Good morning, everyone. Topaz had a strong second quarter marked by a record share of quarterly drilling activity in the WCSB, records liquid drill production, and a core area tuck-in acquisition. Topaz's second quarter of realty production was 24,233 BOE per day and increased 9% over the prior year. Q2 2026 royalty production included recor...