Brief: Advantage Announces Strategic Production Curtailment, Anticipates Further Capital Reduction

Advantage Energy

08/10/2024 12:06

Advantage Energy Ltd  AAV.TO :
    * ADVANTAGE ANNOUNCES STRATEGIC PRODUCTION CURTAILMENT,
ANTICIPATES FURTHER CAPITAL REDUCTION
    * ADVANTAGE ENERGY LTD:  2024 CAPITAL PROGRAM EXPECTED TO
APPROACH
BOTTOM OF OUR GUIDANCE RANGE ($260 MILLION TO $290 MILLION)
    * ADVANTAGE ENERGY LTD: BEGUN STRATEGIC PRODUCTION
CURTAILMENTS OF
UP TO 130 MMCF/D OF DRY GAS
    * ADVANTAGE ENERGY LTD: 2024 PRODUCTION IS EXPECTED TO BE
APPROXIMATELY 70,000 BOE/D
    * ADVANTAGE ENERGY LTD: CURTAILMENTS BEGAN DURING SEPTEMBER
AND
ARE PLANNED TO CONTINUE DURING Q4
    * ADVANTAGE ENERGY LTD: OUTLOOK FOR 2025 PRODUCTION AND
CAPITAL
REMAINS UNCHANGED

Source text for Eikon:  ID:nCNW72YpMa 
Further company coverage:  AAV.TO