Brief: Advantage Announces First Quarter 2023 Financial And Operating Results

Advantage Energy

27/04/2023 22:50

Advantage Energy Ltd  AAV.TO :
    * ADVANTAGE ANNOUNCES FIRST QUARTER 2023 FINANCIAL AND
OPERATING
RESULTS
    * ADVANTAGE ENERGY LTD - HAS HEDGED ABOUT 24% OF ITS
FORECAST
NATURAL GAS PRODUCTION FOR SUMMER 2023 AND 6% FOR WINTER 2023/24
    * ADVANTAGE ENERGY LTD - SUCCESSFULLY ACQUIRED 13 MMCF/D OF
ALLIANCE PIPELINE CAPACITY FOR WINTER 2023/24
    * ADVANTAGE ENERGY LTD - 2023 CAPITAL GUIDANCE REMAINS
BETWEEN
$250 MILLION AND $280 MILLION
    * ADVANTAGE ENERGY LTD - PRODUCTION GUIDANCE FOR 2023
REMAINS
BETWEEN 59,000 BOE/D AND 62,500 BOE/D
    * ADVANTAGE ENERGY: SEES 14-DAY TURNAROUND AT GLACIER GAS
PLANT IN
MAY CUT Q2 AVERAGE PRODUCTION BY ABOUT 8%, Q-O-Q, BEFORE
RETURNING TO GROWTH IN H2

Source text for Eikon:  ID:nCNWc5mYCa 
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