Enerplus Corporation (ERF) CEO Ian Dundas on Q2 2021 Results - Earnings Call Transcript

Enerplus Corporation (ERF) Q2 2021 Earnings Conference Call August 6, 2021 11:00 AM ET

Company Participants

Drew Mair - Manager, Investor Relations
Ian Dundas - President & Chief Executive Officer
Wade Hutchings - Senior Vice President & Chief Operating Officer
Jodi Jenson Labrie - Senior Vice President & Chief Financial Officer

Conference Call Participants

Greg Pardy - RBC Capital Markets
Patrick O'Rourke - ATB Capital
Cody Kwong - Stifel

Operator

Good morning, ladies and gentlemen, and welcome to the Enerplus' Q2 2021 Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we’ll conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Friday, August 6, 2021.

I would now like to turn the conference over to Drew Mair. Please go ahead.

Drew Mair

Thanks, 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. 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; Wade Hutchings, Senior VP and Chief Operating Officer; Jodi Jenson Labrie, Senior VP and Chief Financial Officer; Shaina Morihira, VP Finance; and Garth Doll, VP Marketing. Following our discussion, we will open up the call for questions.

With that, I will turn it over to Ian.

Ian Dundas

Thank you Drew. Good morning all. Our second quarter results reflect the increased scale of our business following our acquisitions along with strong operational momentum. We achieved record quarterly production of over 115,000 BOE per day in the second quarter, 26% higher than the prior quarter. We expect another