Advantage Oil & Gas

Advantage Oil & Gas Ltd.
Public
Traded as TSX: AAV
NYSE: AAV
Industry Oil and natural gas
Founded Calgary, Alberta (2001)
Headquarters Calgary, Alberta
Key people
 Andy J. Mah (CEO), Craig Blackwood, Vice President, Finance & CFO, Neil Bokenfohr, Senior Vice President
Products Oil and natural gas
Revenue 225 million CAD (2018)
Number of employees
 26 (2012)[1]
Website www.advantageog.com

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

  1. ↑ "Company Profile for Advantage Energy Income Fund (AAV)". Retrieved 2008-10-06.
  2. 1 2 "Operations | Advantage Oil & Gas LTD". www.advantageog.com. Retrieved 2018-08-14.
  3. ↑ "Varcoe: Pipeline bottleneck creates stymied oilpatch investment and cheap crude for U.S." Calgary Herald. 2018-05-28. Retrieved 2018-08-14.
  4. ↑ "Advantage buys Ketch". The Globe and Mail. 2006-04-25. Retrieved 2018-08-14.
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