Advantage Energy
| File:Advantage Oil & Gas Logo.svg | |
| Company type | Public |
|---|---|
| TSX: AAV | |
| Industry | Oil and natural gas |
| Founded | Calgary, Alberta (2001) |
| Headquarters | Calgary, Alberta |
Key people | Andy J. Mah, CEO, Mike Belenkie, President & COO, Craig Blackwood, CFO |
| Products | Oil and natural gas |
| Revenue | 225 million CAD (2018) |
Number of employees | 39 (2019)[1] |
| Website | www |
Advantage Oil & Gas Ltd. is a Canadian oil and gas company based in Calgary, Alberta. The company owns and operates numerous properties located in Alberta, principally around Vahalla, Alberta, with a total production of 42,500 barrels of energy per day as of 2018.[2] It is principally a natural gas producer,[3] with 96% of its production being natural gas as of 2018.[2]
In May 2006, the company, then structured as a royalty trust named Advantage Energy Income Fund, merged with another Calgary-based oil and gas trust, Ketch Resources, creating a new entity with a value over $2 billion.[4]
Notes
- ^ "Company Profile for Advantage Energy Income Fund (AAV)". Retrieved 2008-10-06.
- ^ a b "Operations | Advantage Oil & Gas LTD". www.advantageog.com. Retrieved 2018-08-14.
- ^ "Varcoe: Pipeline bottleneck creates stymied oilpatch investment and cheap crude for U.S." Calgary Herald. 2018-05-28. Retrieved 2018-08-14.
- ^ "Advantage buys Ketch". The Globe and Mail. 2006-04-25. Retrieved 2018-08-14.