Bradley Dodson: Well, the major driver for Canada are, as discussed, I mean, one, we sold the McClelland asset, so year-over-year we’re losing those billed rooms. We got a good value for the assets that we sold. And the second is the wind down in the LNG Canada activity. Those are the major drivers for Canada, both top line and EBITDA. Now the focus is for us and for our team is to find additional projects to build back up the profitability of Canada. I think through the process of selling McClelland, we recognize that our modular assets, both permanent and mobile, there are a lot of industrial and mining projects that need assets that are remote. A lot of them are driven by power transmission and effectively, resources that are used in EV batteries. So, we’re working very diligently to expand the Canadian business into other geographies, specifically east of Alberta and down into the US.
Steve Ferazani: And then any update on McClelland Lake? Was that transportation contract completed within Q1? And where are you on any follow-up?
Bradley Dodson: Right, the transportation contract is complete. It was all recognized in the first quarter. And we are continuing to pursue the reinstallation of those assets at the new location in the Western US and the potential to operate those assets long-term for the new client.
Steve Ferazani: Thanks, Bradley.
Bradley Dodson: Thank you.
Operator: Our next question comes from the line of Dave Storms with Stonegate. Please proceed with your question.
Dave Storms: Good morning.
Bradley Dodson: Hi, Dave.
Dave Storms: Good morning. Just when we kind of start with the dividend, I know you’ve been paying it for a couple of quarters now. Your stock has gone up since you started paying it. Just could you give us a sense of what your process is like? How often do you revisit that to make sure it remains competitive? Anything on that front would be very helpful.
Bradley Dodson: Sure. Well, we’d like to get a year underneath our belt. This would be the fourth payment, so we’ll readdress it in the fall. And again, it’s a key component to our capital allocation framework. And so, as you know, cash flow for us is also seasonal. EBITDA seasonal. We covered that in the first question, but cash flow is better in the back half of the year, so we’d like to see how things play out. Certainly, dividend growth is possibility, but one that we’ll address in the back half of this year.
Dave Storms: Understood. Very helpful. Thank you. And then just touching back on kind of some of your levers that you have to kind of recoup some of those mobile camp losses. You mentioned, maybe expanding to Alberta, maybe into the US a little bit. What would that look like logistically and what would be some of the hurdles to get over that?
Bradley Dodson: Well, right now the hurdles are two-fold, they’re not surprising. Which is one, we need the client project to move forward, so we need green line on projects and then we need to win the work. We’ve got a handful of projects we’re actively pursuing. That’s simply what needs to happen. We’ve got a team in Eastern Canada on the business development side that are pursuing opportunities and they’re largely mining and transmission-related. The US is initially going to be dependent on can we get more work ultimately related to McClelland assets.
Dave Storms: Understood. Thank you. Appreciate the color.
Operator: Thank you. We have reached the end of our question-and-answer session. And with that, I would like to turn the floor back over to Bradley Dodson for any closing comments.
Bradley Dodson: Thank you so much and thank you everyone for joining the call today. We appreciate your interest in Civeo and we look forward to speaking to you on our second quarter earnings call planned for July.
Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.
