Advantage Energy Ltd.

Commissioning of Glacier Gas Plant Expansion to 400 mmcf/d Creates Significant Available Processing Capacity for Future Growth CALGARY, Aug. 2, 2018 /CNW/ - Advantage Oil & Gas Ltd. successfully commissioned its major gas plant expansion project in the second quarter of 2018 at the Corporation's 100% owned Glacier sour gas facility.  This is a strategic milestone in the development of Advantage's Montney resource as our [...]

Advantage Oil & Gas is pleased to announce that on May 29, 2018 it held its annual general and special meeting of shareholders. A total of 161,059,835 common shares were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of six nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with [...]

CALGARY, May 8, 2018 /CNW/ - Advantage Oil & Gas Ltd. is pleased to announce that it has extended the expiry of its previously disclosed odd-lot share repurchase program by six weeks to June 19, 2018. Pursuant to the Odd Lot Program, Advantage has offered to buy back common shares from registered and beneficial shareholders of Advantage who own 99 or fewer common shares . The Odd Lot Program affords Odd Lot Holders the [...]

Solid Cash Flow, Strong Well Results and Glacier Gas Plant Expansion Advances Liquids Development Strategy CALGARY, May 3, 2018 /CNW/ - Advantage Oil & Gas Ltd. is pleased to report strong cash flow of $48.9 million and net income of $10.1 million during the first quarter of 2018. Cash flow was supported by the Corporation's proactive marketing strategy which included $18.1 million from hedging gains and enhanced netbacks [...]

CALGARY, April 19, 2018 /CNW/ - Advantage Oil & Gas Ltd. advises that as previously disclosed in our press release dated March 5, 2018, a production outage was scheduled at our 100% owned Glacier gas plant in April 2018 associated with expanding our plant capacity to 400 mmcf/d and 6,800 bbls/d of liquids. This outage was scheduled to coincide with planned third party pipeline maintenance when AECO natural gas prices [...]

CALGARY, April 15, 2018 /CNW/ - Advantage Oil & Gas Ltd. is pleased to announce the appointment of David Sterna to the position of Vice President Marketing and Commercial.  Mr. Sterna has significant expertise with commodity marketing including the development of market diversification initiatives such as LNG and industrial gas projects. He has over 20 years of executive and senior Management experience and was most [...]

CALGARY, March 21, 2018 /CNW/ - Advantage Oil & Gas Ltd. is commencing an odd-lot share repurchase program pursuant to which it will offer to buy back common shares from registered and beneficial shareholders of Advantage who own 99 or fewer common shares . The Odd Lot Program affords Odd Lot Holders the opportunity to sell all, but not less than all, of their common shares or to continue to maintain their current [...]

Solid 2017 Operational Performance and Record Net Income, Successful First Wells at Wembley & Progress Confirm High Liquid Yields & Free Condensate CALGARY, March 5, 2018 /CNW/ - Advantage Oil & Gas Ltd. is pleased to report record net income for 2017 of $95 million resulting from strong operating and financial results and drilling successes which now include our first liquids rich wells at Wembley and Progress, Alberta [...]

Low Cost Reserve Additions and Record 2017 Production & Operating Performance CALGARY, Feb. 12, 2018 /CNW/ - Advantage Oil & Gas Ltd. is pleased to report that the Corporation's 2017 Montney development program replaced 433% of annual production, generated low cost reserve additions in each reserve category and extended liquids rich reserve bookings beyond Glacier to our Valhalla land block.  Reserve additions at Glacier [...]

Increased Focus on Liquids Development & Growth Driven by Strong Well Results Underpins 2018 Cash Flow Funded Capital Budget CALGARY, Dec. 11, 2017 /CNW/ - Advantage Oil & Gas Ltd. is pleased to announce that its Board of Directors has approved a 2018 capital budget of $175 million funded through cash flow that prudently advances our industry leading low cost Montney development and results in increasing liquids [...]