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Cut their guidance in Q2 of this year when oil prices were very low but only cut production about 4%-5%. Advantage Oil (AAV-T) owns 45%-46% have indicated they want to become a purer play and are selling all of their non-core assets but indicated they won’t sell this company’s shares. Some in the market do not believe that, so the stock price has been suppressed. You have a low decline asset base, predominantly light oil, that is paying about 8.5%-8.6% and the dividend is very safe.
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