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home / news releases / AAVVF - Advantage Energy: Aiming For More Liquids Rich Leases

AAVVF - Advantage Energy: Aiming For More Liquids Rich Leases

Advantage Oil & Gas Ltd

2024-03-13 00:12:31 ET

Summary

  • Advantage Energy recently acquired the Conroy acquisition, which provides more exposure to liquids.
  • The Conroy acquisition cost about C$10 million for a significant amount of acreage, which is relatively cheap compared to the United States.
  • Management intends to grow production by 10% a year, but low natural gas prices may affect this goal for the current fiscal year.
  • The increasing percentage of very profitable liquids production is crucial for the company's value at the moment.
  • Entropy offers speculative upside potential, probably well into the future.

For further details see:

Advantage Energy: Aiming For More Liquids Rich Leases
Stock Information
Company Name: Advantage Oil & Gas Ltd
Stock Symbol: AAVVF
Market: OTC
Website: advantageog.com
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