Q4 2021 Alvopetro Energy Ltd Earnings Call Transcript
All right. Good morning, and welcome to our fourth-quarter results webcast. I'm joined today by Alison Howard, our Chief Financial Officer. And it's really a pleasure to be addressing our shareholders today.
We posted another great quarter on a collective basis. Our strong results not only allowed us to start our dividend program to shareholders about six months ahead of schedule last year in the third quarter. And we've now been able to announce a 33% increase in the dividend effective the first quarter of this year with continued strong gas prices. Obviously, we'll spend some time talking about our fourth-quarter results today, but we'll also talk about, I think, a very exciting 2022 capital plan for Alvopetro.
We'll let you read the cautionary statements at your leisure, and we'll just start with production. We've been announcing this on a monthly basis. But you can see, since we came on production July 5, 2020, we've had very strong production results, way exceeding expectations.
I think the first quarter
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