Entering text into the input field will update the search result below

Enerplus' (ERF) CEO Ian Dundas on Q1 2018 Results - Earnings Call Transcript

May 03, 2018 12:36 PM ETEnerplus Corporation (ERF), ERF:CA
SA Transcripts profile picture
SA Transcripts

Enerplus Corp. (NYSE:ERF) Q1 2018 Earnings Conference Call May 3, 2018 9:30 AM ET


Drew Mair - Manager, IR

Ian Dundas - President & CEO

Jodi Jenson - SVP & CFO

Ray Daniels - SVP, Operations

Garth Doll - Manager of Marketing


Greg Pardy - RBC Capital Markets

Brian Kristjansen - Macquarie

Travis Wood - National Bank Financial


Good morning, my name is Shell [ph] and I will be your conference operator today. At this time, I would like to welcome everyone to the Enerplus' Q1 2018 Results Conference Call. [Operator Instructions]. Mr. Drew Mair, Manager of Investor Relations, you may begin your conference.

Drew Mair

Thank you, operator, and good morning, everyone. Thank you for joining the call. Before we get started, please take note of the advisories located at the end of today's news release. These advisories describe the forward-looking information, non-GAAP information and oil and gas terms referenced today, as well as the risk factors and assumptions relevant to this discussion.

Our financials have been prepared in accordance with US GAAP. All discussion of production volumes today are on a gross company-working interest basis and all financial figures are in Canadian dollars, unless otherwise specified.

I'm here this morning with Ian Dundas, our President and Chief Executive Officer; Jodi Jenson Labrie, Senior Vice President and Chief Financial Officer; Ray Daniels, Senior Vice President, Operations and Shaina [technical difficulty]. Following our discussion, we will open up the call for questions.

With that, I'll turn the call over to Ian.

Ian Dundas

Good morning, everyone. Thanks for joining us. Today I know it's a busy day right now for many of you. First quarter production was approximately 85,000 BOE a day of which 49% was liquids. Adjusted funds flow was C$155 million just above our exploration and development capital spending in the

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.