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AAV - Advantage Oil & Gas News Story

$2.5 0.0  0.0%

Last Trade - 21/09/18

Sector
Energy
Size
Small Cap
Market Cap £232.0m
Enterprise Value £366.7m
Revenue £135.3m
Position in Universe th / 6713

BRIEF-Advantage Oil & Gas Says 2021 Capital Program Will Target Modest Production Growth

Fri 30th October, 2020 1:43am
Oct 29 (Reuters) - Advantage Oil & Gas Ltd  AAV.TO :
    * ADVANTAGE ANNOUNCES THIRD QUARTER 2020 FINANCIAL AND
OPERATING
RESULTS AND 2021 BUDGET
    * ADVANTAGE OIL & GAS - 2021 CAPITAL PROGRAM WILL TARGET
MODEST
PRODUCTION GROWTH (5-10%), WITH SPENDING AIMED AT 75% OF
PROJECTED ADJUSTED FUNDS FLOW
    * QTRLY ADJUSTED FUNDS FLOW OF $23.6 MILLION ($0.13 PER
SHARE)
    * QTRLY TOTAL PRODUCTION OF 44,448 BOE/D (89% NATURAL GAS),
AN
INCREASE OF 6% OVER Q3 2019
    * NET LOSS WAS $21.6 MILLION DURING Q3 OF 2020

Source text for Eikon:  ID:nCNWgYH8ja 
Further company coverage:  AAV.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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