Precision Drilling Corporation

Thank you, Michelle, and good afternoon. Before we begin our call, I'm pleased to introduce LaVon Zudunic, who joined Precision a little over a month ago as Director of Investor Relations. LaVon will be overseeing Investor Relations activities for Precision, and we are delighted to have her on our team. With that, I'll hand it over to LaVon.

Welcome to Precision Drilling's 2022 Second Quarter Earnings Conference Call and Webcast. Participating on today's call with me will be Kevin Neveu, President and CEO, and Kerry Ford, our CFO. Earlier this morning, Precision reported strong second quarter results, which Kerry will review with you, followed by an operational update and outlook commentary from Kevin. Once we have finished our prepared comments, we will open the call to questions. Some of our comments today will refer to non-IFRS financial measures and will include forward-looking statements, which are subject to a number of risks and uncertainties. Please see our news release and other regulatory filings for more information on financial measures, forward-looking statements, and risk factors. As a reminder, we express our financial results in Canadian dollars unless otherwise indicated. Kevin, over to you for some introductory comments.

Thank you, LaVon, and good afternoon. For today's earnings call, I'd like to draw your attention to three key themes. First, customer demand for our super triple drilling rigs in our US and Canadian markets continues to strengthen, and with extremely limited industry supply, rates and margins continue to increase. Second, we continue to make excellent progress in maximizing operational leverage, tightly controlling our costs and expanding our margins. Our well-servicing acquisition will deliver cost synergies and field margin leverage, and all of our leading indicators are pointing to stronger financial performance for the remainder of this year and through 2023. And third, we are firmly on track to deliver on all 2022 strategic priorities, which includes scaling our digital and ESG offerings, generating free cash flow and strengthening our balance sheet, and reducing both debt and debt leverage. I'll now ask Kerry to review our second quarter financial results.