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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  T.AAV.DB | 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. 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 Dec 02, 2023 12:38pm
308 Views
Post# 35765177

2nd Year of three year plan confirmed

2nd Year of three year plan confirmedThye have bought in 18% of shares and are going to continue on this path.No dividend will likely be considered until this 3 year plan is completed. They are trying to grow prodcution and their own processing capacity, hoping to have new higher and sustainable Production as the LNG exporting capacity ramps up in next few years. hopefuilly boosting nat gas prices.

It is not a bas plan but out of sync with many of their peers who are having a more balanced approach with dividends as one component.

I plan on accumulating (no hurry) with hope that a dividend will be one component of the NEXT three year plan.

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