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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

Post by Margin321on Feb 25, 2021 8:08am
137 Views
Post# 32655945

Results today are after the market

Results today are after the marketShould be very interesting. They had just over 55% of  their gas hedged in Q4 at better prices than Q2 and Q3, with pretty similar hedges in Q1 2021 except a little sliver of AECO gas at $3.32 (compared to $1.72 in Q4 2000)   So it will be interesting to see what they got for spot prices in Q4 2000 and I hope they say something about current spot prices they are getting.

They have about 45% of gas hedged for Q2 and Q3 of 2021 at generally slightly higher prices overall than Q1 2001. Maybe they have layered on some better hedges in last few weeks.

Anyway, looking forward to the update.
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