Post Tagged with: "AAV"

Advantage Oil & Gas Reports 2017 Profit of $95 Million

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. …

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

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

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 …