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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

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. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of approximately 224 net sections (143,360 net acres) of liquids rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley. It also holds 163 net sections of Charlie Lake.


TSX:AAV - Post by User

Bullboard Posts
Comment by Straiteon Jul 18, 2019 2:33pm
80 Views
Post# 29935969

RE:help us gov't, HELP us...LOL

RE:help us gov't, HELP us...LOLHere the problem is not about the company itself but rather the sector as a whole and commodity prices (canadian ng price discount in that case). If there were no law against it, the producers would probably have agreed for some form of price-fixing. Hence, it makes sense that they need the permission of the government to propose a plan that would help achieve a similar result... It also seems reasonable that the government has financial and political interest in the well-being of the sector (employment, royalties received, not wanting to be left with having to clean thousands of wells left over due to bankruptcies...)
Bullboard Posts