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.
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For further details see:
Advantage Energy: Aiming For More Liquids Rich Leases