Financial Highlights Q1 2022

THREE MONTHS ENDED MARCH 31, 2022
  2022 2021

Operating

Daily average gas delivered and sold (MMscfd) 73.6 58.7
Industrial 13.9 14.0
Power 59.7 44.7
THREE MONTHS ENDED MARCH 31, 2022
  2022 2021

Average Price ($/mcf)

Industrial 8.70 7.32
Power 3.52 3.40
Weighted Average 4.50 4.33
Operating netback ($/mcf) 3.27 2.37
THREE MONTHS ENDED MARCH 31, 2022
  2022 2021

Financial ($000's unless sated otherwise)

Revenue 27,452 18,631
Net income attributable to shareholders
  per share - basic and diluted ($)
7,391
0.37
3,963
0.19
Net cash flows from operating activities
   per share - basic and diluted ($)
4,077
0.20
(794)
(0.04)
Capital expenditures 14,263 232
Weighted average Class A
and Class B shares
19,944 21,352

($000's unless sated otherwise)

As at March 31, 2022

As at December 31, 2021

Working Capital (including cash) 41,136 41,776
Cash and cash equivalents 66,993 72,985
Long-term loan 49,678 49,603
Outstanding shares (000's)
  Class A
  Class B

1,750
18,192

1,750
18,203
Total shares outstanding (000's) 19,942 19,953

Financial Highlights Q2 2022

THREE MONTHS ENDED JUNE 30, 2022
  2022 2021

Operating

Daily average gas delivered and sold (MMscfd) 85.6 50.1
Industrial 14.1 13.0
Power 71.5 37.1
THREE MONTHS ENDED JUNE 30, 2022
  2022 2021

Average Price ($/mcf)

Industrial 8.43 7.92
Power 3.61 3.51
Weighted Average 4.41 4.66
Operating netback ($/mcf) 2.52 3.59
THREE MONTHS ENDED JUNE 30, 2022
  2022 2021

Financial ($000's unless sated otherwise)

Revenue 28,223 20,301
Net income attributable to shareholders
  per share - basic and diluted ($)
6,567
0.33
3,246
0.16
Net cash flows from operating activities
   per share - basic and diluted ($)
28,601
1.43
10,251
0.51
Capital expenditures 3,306 10,167
Weighted average Class A
and Class B shares
19,938 19,984

($000's unless sated otherwise)

As at June 30, 2022

As at December 31, 2021

Working Capital (including cash) 44,279 41,776
Cash and cash equivalents 82,445 72,985
Long-term loan 44,746 49,603
Outstanding shares (000's)
  Class A
  Class B

1,750
18,187

1,750
18,203
Total shares outstanding (000's) 19,937 19,953