Advantage Oil & Gas Ltd. (NYSE: AAV)

Company Overview

Canada based Advantage Oil & Gas is focused on its Montney natural gas assets in Glacier, Alberta.

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

Montney Play; Source: Advantage Oil & Gas LTD.

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.

Summary

  • Q1-2018 Revenue: $72 million
  • Q1-2018 Production: 40 MBOEPD
  • Total Common Stock Outstanding: 186 million
  • Enterprise Value: $1 billion
  • Total Debt: $237 million
  • 1P Reserves: 306 MMboe
  • Operating Margin: 30.98%

For the near future Advantage plans on dedicating $30 Million to advance liquids development at Valhalla, Wembley and Progress. Complete its Glacier Gas Plant expansion to 400 mmcf/d & 6,800 bbls/d of liquids extraction by Q2 2018 and drill additional Valhalla & east Glacier liquids rich wells, that will be completed in early 2019.

Management Team

Andy J. Mah – President, CEO

Craig Blackwood – Vice President, CFO

Neil Bokenfohr – Senior Vice President

David Sterna – Vice President, Marketing & Commercial

The Oil and Gas Conference®

Advantage Oil & Gas Ltd. is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.

To learn more about the conference and presenter schedule please visit the conference website here.


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