Strategy
Growth orientation
Advantage Energy Ltd. is a growth-oriented corporation focused entirely on development of its significant position in the Montney natural gas and liquids resource play. The Corporation’s common shares trade on the Toronto Stock Exchange under the symbol AAV with its head office in Calgary, Alberta, Canada.
Advantage’s Montney assets are located from approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta. Advantage’s land holdings consist of 224 net sections (143,360 net acres) of liquids-rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley. Management estimates a future drilling inventory of >1,900 horizontal well locations. Total estimated capital expenditures over the life of the project could exceed $10 billion with associated reserves and production growth. Production has grown to 65,000 boe/d.
Why Advantage
- Proudly producing Canadian energy, for the world
- Intermediate, focused Montney producer with commanding infrastructure base
- Uniquely positioned to generate shareholder wealth and reduce emissions intensity
High quality light oil
Exit liquids rate 6,500 bbls/d
Prolific gas foundation
Free cash funds liquids program
Low cost owned infrastructure
Two new oil batteries, existing gas plant
Resilient in all cycles
Balanced commodities, market exposure
Disciplined financial management
Pace of development driven by balance sheet