Feb 11, 2025 / 09:00AM GMT
William Lundin - International Petroleum Corp - Director
Okay, so welcome everyone to the IPC 2024 year-end update presentation. My name is William Lundin. I'm the CEO, and along with me is Christophe Nerguararian, the CFO, as well as Rebecca Gordon, our SVP of IR and corporate planning.
I'll begin with some of the notable highlights achieved in the year, then Christophe will expand on our financial performance.
This presentation update will be focused on our 2024 results. Our 2025 forward-looking business plans will be covered later on today during our CMD presentation, and I just like to take a moment to acknowledge the backdrop of the picture on this slide, which is a recent photo taken from our transformational growth project at the Blackrod asset.
The 2024 was a milestone year for IPC with a record investment of USD442 million, and of that $350 million was spent on the transformational Blackrod phase one development.
The record capital and decommissioning expenditure was in line with our original CMD guidance of $437 million and significant progress has been made
Q4 2024 International Petroleum Corp Earnings Call Transcript
Feb 11, 2025
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