Alvopetro Energy Ltd.

I'm joined by Alison Howard, our Chief Financial Officer, and Adrian Audet, our Vice President, Asset Management.

Hi, everyone. Thanks for joining us this morning. Just a few administrative points before we start here. We will be recording today's call and we will have our replay available on our website later on today. All attendees are placed in listen-in only mode for the duration of the call, but we will be hosting a Q&A session at the end of the presentation. You can start logging any questions you have now using the Zoom Q&A button that you should see on your screen. And we will get to those at the end of the presentation. If you dialed in by phone, you can send questions to socialmedia at alvopetro.com. Lastly, just a reminder, we do go through various forward-looking statements and have non-GAAP measures and some oil and gas metrics throughout the presentation. So we do encourage you to read all of the cautionary statements and other disclosures that you can find at the end of our Thank you, Alison.

All right. So, you know, I think the third quarter was another good quarter for us. If you recall, just looking back, we had a pretty good year last year. Our production was up over 40%. We're off to a pretty good start for, well, we're getting most of the way through 2026 now, but we're tracking to be up close to 25% again. You can see our third quarter production averaged 2966 barrels of oil equivalent per day. We did have close to a five-day shutdown of our gas plant to finish the planned upgrades at the plant. All that was done in September. and then we also just announced our October production. So up to 3,200 barrels of oil equivalent per day after that expansion was done. And just a reminder, if you look at the funds flow from operations that we've generated since our key project in Brazil came online in 2000, we've now generated funds flow from operations of $245 million 46% of that's been returned to our stakeholders, including close to $80 million of dividends. So I think to be able to generate this type of organic growth and have that type of discipline back to our shareholders, we're pretty proud of that. The last thing I'll make, a comment I'll make, we'll talk about our capital program that continues this year. But as we exit the year with the remaining facilities-focused investments that we have in Brazil, as well as a very busy program in Western Canada. I think we're well-positioned to continue this growth trajectory as we move through 2027.