Q2 2021 Centaurus Energy Inc Earnings Call Transcript
Good morning. My name is Sylvie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Centaurus Energy second-quarter earnings conference call. Note that all participant lines have been placed on mute to prevent any background noise. (Operator Instructions). Mr. Tawil, you may now begin your conference, sir.
Thank you very much, operator. Good morning, everybody, and thank you for joining us on Centaurus Energy's 2021 second-quarter earnings conference call. As I've done on previous quarterly investment calls, I'd like to first review some applicable worldwide and Argentina-specific developments that have relevance to Centaurus.
Unfortunately, the recovery from the pandemic that began in earnest earlier this year has been challenged by the emergence and strengthening of the Delta variant. The price per barrel for Brent crude reached a peak of $76.50 in mid-July. And since that time, the price of oil has contracted back down to $70 per barrel.
Unlike North
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