Welcome to the presentation of Seacrest Petroleum first quarter 2024 results. We are an independent oil and gas production company with a uniquely integrated portfolio of producing fields and export infrastructure in Brazil, where we have commenced the largest onshore drilling program of 300 infill wells. Please review our disclaimer. Today's presentation will be held by myself, Scott Aitken, President of the Executive Committee, and Torgeir Dagsleth, Chief Financial Officer. These are the contents of today's presentation. We'll start off by going through our operational highlights and challenges for the first quarter. First quarter oil production was 7,532 barrels of oil per day, 12% higher than the same quarter in 2023 and up 2% sequentially in line with our first half flat guidance ahead of our planned production ramp-up. Our production costs were controlled within the guidance range, and we continued to build on our track record of safe operations with no serious health and safety incidents during the quarter. Petroleum revenues were down 30% versus last quarter, primarily due to us being in an underlift position for the quarter. But we were also impacted by the adoption of hedge accounting, requiring us to realize losses. Finally, we have agreed on an amendment to the $300 million credit agreement, removing the Q1 2024 covenant test, and we are continuing work towards aligning the covenant framework with the business plan timing. We grew production over the fourth quarter with a continued focus on well workovers and repairs, ahead of drilling rig production growth, recommencing this quarter through our 300-well infill program. We continued normal offtake operations performance with a 44,000-barrel underlift in Q1, compared with an 81,000-barrel overlift in the prior quarter. At the beginning of this year, we laid out five immediate strategic priorities to support our growth plan: publishing an updated reserves report, commencing production from our first two infill wells at Inhambu, securing a high-quality, mid-size drilling rig to restart drilling as early as possible, achieving certification for VLSFO-spec operations at our terminal, and an amendment to our debt covenants to align them to our updated capital activity schedule. We will provide an update to these milestones in this section. Our 2024 guidance emphasized that our long-term strategy of tripling oil production within 2027 was unchanged, and this was reaffirmed by the updated Competent Persons Report. Reflecting the successful activities undertaken in 2023, five-year PDP free cash flow has increased by 50%, and organic 2P reserve replacement ratio was a healthy 242%. Finally, steam injection self-sufficiency has extended to 2040, and life-of-field OpEx and CapEx estimates remain unchanged at $15 per BOE and $4 per BOE, respectively. We also finally achieved first production from our two completed infill wells at the Inhambu field, with encouraging initial production rates, providing reassurance of reservoir characteristics. Valuable learnings included the requirement for controlled initial startup procedures to eliminate the s- sand production encountered at such higher rates. We are very happy to announce that we are about to restart our 300-well infill drilling program, the largest onshore Brazil. We have de-risked this milestone by entering into a strategic partnership with PetroRecôncavo last month, the most experienced driller onshore in Brazil. The strategic partnership delivers a high-quality, mid-size rig and an accomplished operating team, along with a suite of integrated services. This marks a new strategic direction for PetroRecôncavo, and we are pleased to be their first partner in the local E&P sector. While we have delivered the three operating priorities that were under our control, Petrobras has been delayed in completing the revised subsea operations scope of work obligations to achieve pipeline system certification. This has resulted in a delay to our ability to realize VLSFO index pricing for our crude. Therefore, we have entered into a three-cargo offtake and prepay arrangement with a major third-party offtaker, ensuring revenue visibility and timely offtakes. Delayed terminal certification by Petrobras has had and will have a negative impact on EBITDA in 2024. Prudent capital allocation to the drilling will therefore likely result in wells being drilled later compared to the original plan. Production will return to growth in the second half of 2024, but will likely be in the mid to lower range of guidance for the year. Nonetheless, long-term growth plans remain unchanged, as affirmed by the updated CPR. I will now hand over to Torgeir to take us through the financial review section. Thank you, Torgeir. Thank you, Scott. The total operating income in the first quarter decreased by 29% from the previous quarter, including a negative impact of realized hedging of $1.7 million, which I will explain in more detail later. EBITDA decreased from $12 million in the fourth quarter to $7.9 million in the first quarter. The depreciation and amortization in the first quarter was $8.4 million, which is in line with the company's previous indications and more accurately reflects the remaining life of the asset. Interest expense increased by 35% quarter-on-quarter due to the $80 million Nordic bond issued end of January, resulting in a pre-tax loss of $22.8 million. Finally, cash flow from operations were negative $55.8 million for the quarter. This includes a $35.3 million payment of contingent consideration to Petrobras and a $9.5 million interest payment. CapEx ended at $7 million, including $2.5 million of lease payments. Realized oil prices went down 17% quarter-on-quarter due to lower oil prices and a negative effect of $1.7 million in realized hedge losses. In addition, offtake volumes were down 16% due to scheduling of offtakes. The main driver of the lower oil price realized price are a drop in average oil price of approximately $2 per barrel, realized hedge loss of $2.6 per barrel, and finally, a discount of approximately $8 per barrel. The company implemented hedge accounting from the first of January 2024. Going forward, the unrealized hedge gains and losses will be recorded in other comprehensive income, while realized hedge hedging gains and losses will be reflected in the revenues. In the first quarter, the company recorded a realized loss of $1.7 million in revenues, and $4.5 million related to instruments not designated for hedge accounting was recorded in financial instrument expense. Our hedge program decreased quarter-on-quarter. The fair value developed negatively on account of an increased forward curve. The hedge program continued to be a requirement under our $300 million credit facility, and the company has entered into put options for Q1 of 2025, 2026, and 2027 to satisfy this hedging requirement. CapEx for the quarter ended on $7 million, including $2.5 million of lease payments. And finally, our cash position went down from fourth quarter due to the negative development in working capital and the payment of the contingent consideration related to Cricaré and Norte Capixaba of $35.3 million, partly offset by a successful bond raise in January. Overall, balance sheet decreased by $7 million quarter-on-quarter. An increase in cash and cash equivalents of $8.6 million was offset by a decrease in intangible assets. Our current liabilities increased by $46 million, mainly due to the $80 million bond raise in January. This was partly offset by a reduction in contingent liabilities due to the $35.3 million payment of contingent consideration to Petrobras. The equity ratio went down from 20% in fourth quarter to 13% due to the successful bond raise in January and net losses for the quarter. Finally, we have achieved an amendment to the $300 million credit agreement, removing the covenant test for the first quarter of 2024, and we are continuing working towards aligning the covenant framework with the business plan timing. Now over to Scott to sum up. Thank you, Torgeir. We maintain our guidance parameters for 2024, but as highlighted, we expect the performance to be in the mid to low end of the range due to the delays to the completion of the terminal certification by Petrobras and its impact on EBITDA compared to our original business plan. We continue to expect the second half of the year to show a second wave of production growth as drilling commences and well count increases. In line with executing the largest onshore drilling program in Brazil, we are pleased to announce that José Cotello will join us as CEO. José Cotello brings highly relevant experience of growing production onshore Brazil and will be responsible for tripling Seacrest Petroleum oil production by 2027. In summary, while the company has achieved the four milestones within its control, Petrobras is behind schedule on terminal certification. As a result of this impact on 2024 EBITDA, we are guiding to the middle to lower end of activity and production guidance. Nonetheless, long-term guidance remains unchanged. Thank you for listening to our Q1 results presentation today, and we look forward to speaking with you later today in the Q&A session.