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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 moric122on Jan 17, 2021 1:15pm
258 Views
Post# 32315689

RE:Traffic jam all cleared up.

RE:Traffic jam all cleared up. That's the funny thing. The Pandemic is a non-variable for natural gas. It's needed for electricity and heating. Which you need whether you are at the office or not. Oh and btw right now Europe and Asia are struggling to get it via LNG. LNG prices have blown through the roof the last couple of weeks. Which is great timing as North America just brought on stream enough LNG facilities to export 10-15% of our supply. 2021 has the potential to showcase a brand new North American natural gas market, which could be incredibly bullish for local natural gas prices.  

Oil on the other hand does suffer from the Pandemic, in that the quarentines are leading to less travel and movement. Oil fuels travel. less travel, less oil demand. That said the after shock of a Pandemic is that when people do start travel again, they don't do it on public transit. Safer to get into your own vehicle than the bus/train. Those who have that option start to choose it where possible. Could see a much stronger oil market come Q1 2022, much higher than $65 WTI.




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