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AAVVF - No One Cares That Advantage Oil & Gas Discovered Oil
Advantage Oil & Gas Ltd
Advantage Oil & Gas (AAVVF) demonstrated just how out of favor the oil production industry is when management announced an oil discovery and the market basically yawned. This primarily dry gas producer now has a "leg-up" on many dry gas producers when transitioning to more profitable liquids production.
Source: Seeking Alpha Website December 1, 2019
The discovery announcement at the beginning of September caused the stock to recover much of its previous losses at the end of August. Since then the stock has really gone nowhere. Evidently no amount of future oil production