Advantage Oil and Gas – Oil & Gas 360

REPLAYS: EnerCom’s The Oil & Gas Conference®2021: Thank you to our sponsors, presenters and attendees!

August 23, 2021

Oil & Gas 360 Publisher’s Note: Thank you to our sponsors, presenters and attendees for their continued support and making EnerCom’s The Oil & Gas Conference 2021 a continued success! Replays are now available to watch. Sponsors of The Oil & Gas Conference® 26 include: Netherland, Sewell & Associates, Moss Adams LLP, Enverus, Bloomberg, CAC Specialty, Haynes and Boone, LLP, SMBC, AEGIS Hedging, Rystad Energy, MUFG, PNC, Preng

‘Enough is enough’: Canada’s Montney producers swap oil and gas assets for cash

September 11, 2020

Reuters WINNIPEG, Manitoba – A wave of consolidation is underway in Canada’s Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years ago was a booming patch. Lockdowns and sharp contractions in economic activity have hammered global oil demand in 2020, pushing

Advantage announces renewal of credit facility at $400 Million

May 26, 2020

Oil and Gas 360 CALGARY, May 26, 2020 /CNW/ (TSX: AAV)– Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce the renewal of the Corporation’s existing $400 million revolving credit facility, following completion of its annual review by the syndicate of lenders. Upon closing of the previously announced sale of a 12.5% interest in the Glacier Gas Plant for $100 million in July

Advantage Oil & Gas Achieves Record Production of 45,686 BOEPD in Q4

February 11, 2019

Advantage Announces 2018 Year-End Reserves & Operations Update

Advantage Appoints COO

November 2, 2018

Nov 1, 2018 CALGARY, Nov. 1, 2018 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce the appointment of Mr. Michael Belenkie to the position of Chief Operating Officer. Mr. Belenkie has over 20 years of experience in the oil and gas industry in a variety of senior management roles which included a diversity of both technical and

Montney Producer Advantage Oil & Gas Set to Present at The Oil & Gas Conference

June 28, 2018

Advantage Oil & Gas Ltd. (NYSE: AAV) Company Overview Canada based Advantage Oil & Gas is focused on its Montney natural gas assets in Glacier, Alberta. Advantage’s Montney resource play has an estimated future drilling inventory of >1,000 horizontal well locations. Total estimated capital expenditures over the life of the project could exceed $10 billion with significant reserves and production growth.

Advantage Oil & Gas Reports 2017 Profit of $95 Million

March 6, 2018

Advantage Oil & Gas Ltd. (ticker: AAV) reported a net income of $95 million for 2017, or $0.51 per share. The company said that the liquids rich wells at Wembley and Progress in Alberta contributed to this positive net income. In Q4 2017, net income was $21.4 million, or $0.12 per share. Making progress at Wembley, Valhalla and Progress Advantage’s

Advantage Oil & Gas Averaged Production of Nearly 40 MBOEPD in 2017

February 12, 2018

Advantage Oil & Gas Ltd. (ticker: AAV) released Q4 2017 and year-end 2017 results today. The company added reserves, increased annual production by 16% and spent $249 million in 2017. Growing reserves PDP reserves increased 27% due to the recognition of 27 new Glacier wells that were brought on production through 2017 and higher reserves assignments on historical producing wells

Advantage Oil & Gas: $175 Million 2018 Budget from Cash Flow

December 13, 2017

Advantage Oil & Gas Ltd. (ticker: AAV) said that the company’s board of directors has approved a 2018 capital budget of $175 million. The budget is funded through cash flow and will advance the Montney development and increase liquids production growth through 2018. Other assets at Glacier, Valhalla, Wembley, and Progress will also be developed. Advantage recently developed a four

Exclusive Video Interview with Advantage Oil & Gas President & CEO Andy Mah

August 29, 2017

Advantage Oil & Gas: Glacier is the big engine; we’re going to be drilling there for decades At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Advantage Oil & Gas (ticker: AAV) President & CEO Andy Mah. Advantage is focused on Canada’s Montney natural gas and liquids resource play. Advantage’s

EnerCom’s 2017 Conference Day One Breakout Notes: Advantage Oil & Gas

August 14, 2017

Advantage Oil & Gas Breakout Notes Andy J. Mah, president and CEO of Advantage Oil & Gas Ltd., (ticker: AAV) presented today at EnerCom’s The Oil & Gas Conference® 22. Advantage, a Canadian gas producer, has built the majority of its production out of its Glacier asset, in the Montney shale located in Alberta. In expanding its gas production, the

Advantage Oil and Gas: Spurring New Production in the Montney

June 9, 2017

Canada based Advantage Oil and Gas (ticker: AAV) is focused primarily on its Montney natural gas assets in Glacier, Alberta. The Montney assets produce approximately 235 Mscf/day, and Advantage’s 2P reserves were increased to 2.2 Tcfe as of December 31st, 2016. 1,100 future drilling locations should provide 245 Mmcfe/day for 50 years Advantage has inventoried over 1,100 future well locations

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