Sunday, August 25, 2024

Advantage Oil & Gas Reports 2017 Profit of $95 Million

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

Encana Starts Up Midstream Processing Facility in the Montney

Two more coming online by year-end On September 20th Encana (ticker: ECA) announced a successful startup of the Tower processing plant. The Tower plant is the first of three Veresen Midstream facilities that support Encana in the Montney. The other two facilities, Sunrise and Saturn, are planned to start up by mid-October and before year-end, respectively. The three new plants

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