- Advantage Energy goes back and forth between a dry gas production strategy and a liquids rich strategy as industry conditions change.
- Huge initial flow rate increases made dry gas very profitable.
- Now price increases make liquids rich wells more profitable outside of the heating season.
- Management accelerated spending to take advantage of first quarter natural gas prices and possible shortages.
- This year is expected to show a large cash flow jump and more progress for the carbon capture venture.
For further details see:
Advantage Energy: Circular Strategy