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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 MyHoneyPoton Apr 27, 2023 10:36pm
89 Views
Post# 35418415

RE:RE:A Strong Beat on the Earnings Front

RE:RE:A Strong Beat on the Earnings Front47 million in shares 25 million in debentures.  (Bought in Q1 = 72 million)

The share count is pretty low, the gas plant is an asset.

Entrophy looks interesting. 

60,000 boe/day Q3 likely

I am worried about next quarter gas price, this quarter they did pretty well.

Very low operational costs with processing revenue. 

7 Wells drilled at Wembley in 2023, adding significant liquids. 

They beat the street with their numbers.

IMHO
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