Tourmaline Oil Corp. (TOU) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Tourmaline Q3 2025 results conference call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Thursday, November 6, 2025. I would now like to turn the conference over to Scott Kirker. Please go ahead. Thank you Operator and welcome everyone to our discussion of Termaline's financial and operating results as at September 30, 2025 and for the three and nine months ended September 30, 2025 and 2024. My name is Scott Kirker and I'm the Chief Legal Officer here at Termaline. Before we get started, I refer you to the advisories on forward-looking statements contained in the news release as well as the advisories contained in the Termaline Annual Information Form and our MD&A available on CDAR and on our website. I also draw your attention to the material factors and assumptions in those advisories. I'm here with Mike Rose, Tourmaline's President and Chief Executive Officer, Brian Robinson, our Chief Financial Officer, and Jamie Hurd, Tourmaline's Vice President of Capital Markets. We'll start with Mike speaking to some of the highlights of the last quarter and our year so far. After his remarks, we'll be open for questions. Go ahead, Mike. Thanks, Scott, and thanks everybody for dialing in. We're pleased to go through Q3 and then answer questions that you may have. A few highlights. Q3 25 average production of 634,750 BOEs per day was at the high end of our anticipated guidance range of 625,000 to 635,000 BOEs per day, despite storage injections and shut-ins during the quarter. We're pleased to announce that we...