Q1 2022 Alvopetro Energy Ltd Earnings Call Transcript
Good morning. Thanks for joining us today for our Q1 2022 results webcast. I'm Corey Ruttan, President and CEO, and I'm joined by Alison Howard, our Chief Financial Officer.
As everyone knows, a replay of the webcast will be available on our website shortly after the call. (Operator Instructions)
So we'll let everyone read the cautionary statements at their leisure. They're also within our MD&A and in our financial statements. So just to start off, we continue to post pretty strong production results. I certainly think they're well ahead of recommercialization expectations. We had our strongest quarter yet in the first quarter at 2,501 barrels of oil equivalent per day. That was up 15% year-over-year and up 3% quarter-over-quarter. April was a similarly strong month for us, just shy of 2,500 barrels of oil equivalent per day.
So this is the same chart that we showed on our quarterly call last quarter. It shows the gas pricing mechanism within our gas sales agreement. The 3 grey
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