Advantage Oil & Gas Ltd. is a natural gas, pure play, growth-oriented corporation with a significant position in the Montney resource play. The Corporation’s common shares trade on the Toronto and New York Stock Exchanges under the symbol AAV with its head office in Calgary, Alberta, Canada.
Advantage is focused on development and growth of its significant Montney natural gas resource play at Glacier, Alberta. With an estimated drilling inventory of approximately 1,400 horizontal well locations at Glacier, total project capital expenditures that could exceed $10 billion, significant reserves and production growth, it is anticipated to grow shareholder value. Production at Glacier has grown to 124 mmcfe/d with cash flow and current financial flexibility supportive of increasing production to 245 mmcfe/d in early 2017.
Advantage is well positioned with financial flexibility, commodity price hedging and a highly experienced management team and staff to extract value from our large inventory of attractive internal opportunities and to capitalize on any external opportunities in the oil and gas sector.