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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

Comment by Margin321on Jan 13, 2021 12:40pm
156 Views
Post# 32285521

RE:RE:RE:RE:Barron's mention

RE:RE:RE:RE:Barron's mention
My post from Jan 5:

<<Only posted about TXP here because wildcatter brought up TXP. Should not have been baited by him.  I should have just been happy that he is here and has left the TXP board.

I have 20 positions, will only mention AAV here. Ironically I bought AAV because of due diligence after wildcatter had mentioned it. Positive is the value of the assets (not even the value of just  the processing plant) is not captured by the market cap - there is deep value here.

Relative negatives are the debt and the fact that in a pretty good quarter they had 25 million of revenues and did 23 million in capex to tread water on production. I am eager to learn more from those posters with deep knowledge of this company. Feel free to share some of it, if that includes you.>>
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