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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. The Company’s Montney assets are located from approximately 4-80 kilometers (km) northwest of the city of Grande Prairie, Alberta. Its land holdings consist of 228 net sections (145,920 net acres) of liquids-rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley.


TSX:AAV - Post by User

Comment by mjh9413on Oct 05, 2021 11:41pm
126 Views
Post# 33972083

RE:weakness??

RE:weakness??Weakness! Wot weakness?
A dip in sp when oil prices dipped but gas prices strong in that entire month. Gas now showing renewed strength which shud go thru winter, and oil trended up after that short period <70$.
Trading 1MM+ quite regularly and prospect of less than 1/2 the hedges in qtr resuts to come vs prior qtr hedges shud make for good numbers and some further debt reduction. Meanwhile capex increased to bring forward projected production increases. Don't know what if any new hedges will be but looking good in the qtr over qtr comparisons.
This was my choice for sp gains to pay the inevitable increasing heating costs this winter!
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