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Latest Advantage Oil & Gas Ltd. Stories

2014-08-14 20:21:26

Record Production at Glacier & Low Costs Drive 81% Increase in Funds from Operations (TSX: AAV, NYSE: AAV) CALGARY, Aug. 14, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report its unaudited financial and operating results for the three and six months ended June 30, 2014. Advantage's strong second quarter 2014 results demonstrate the high quality of our Glacier Montney asset and support the Corporation's three year development plan. During...

2014-06-26 20:21:01

(TSX: AAV, NYSE: AAV) CALGARY, June 26, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage") is pleased to announce that on June 26, 2014 it held its annual general meeting of shareholders (the "Meeting"). A total of 129,183,528 common shares (approximately 76.28% of the outstanding common shares) were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of four nominees as directors of Advantage to serve until the...

2014-05-29 20:20:59

(TSX: AAV, NYSE: AAV) CALGARY, May 29, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announced today that its lenders have increased the Corporation's borrowing base from $300 million to $400 million following the completion of their annual review. Significant growth in Glacier's proven developed producing reserves combined with the recent production increase to approximately 135 mmcfe/d were key factors in the borrowing base expansion....

2014-05-26 16:20:47

(TSX: AAV, NYSE: AAV) CALGARY, May 26, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the appointment of Mr. Grant B. Fagerheim to the Board of Directors. Mr. Fagerheim is currently the President and Chief Executive Officer of Whitecap Resources Inc. ("Whitecap") and also serves as the Chairman of the Board of Whitecap. Mr. Fagerheim's extensive oil and gas industry experience will complement and strengthen the...

2014-05-14 00:20:57

Completed Transition to a Pure Play Montney Producer (TSX: AAV, NYSE: AAV) CALGARY, May 13, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp. "Longview") for the three months ended March 31, 2014. In the last twelve months, Advantage transitioned into a highly focused pure play Montney producer. This has contributed to strong first quarter...

2014-03-27 20:20:47

(TSX: AAV, NYSE: AAV) CALGARY, March 27, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp.) for the three months and year ended December 31, 2013. Advantage's remaining non-core assets which had a production rate of approximately 5,600 boe/d were divested on April 30, 2013. As a result, financial and operating results during the second half of...

2014-03-11 12:21:26

(TSX: AAV, NYSE: AAV) CALGARY, March 11, 2014 /PRNewswire/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report strong year end 2013 reserve additions for its Montney resource property at Glacier, Alberta ("Glacier"). Proven plus probable ("2P") reserve additions were achieved at a finding and development cost of $1.33/mcfe ($7.99/boe) and a recycle ratio of 2.1. Total 2P reserves are up 20% to 1.7 trillion cubic feet ("Tcfe"). We are also...

2014-02-11 16:22:45

VANCOUVER, Feb. 11, 2014 /CNW/ - As a result of the publicly announced unsolicited buyout offer for Longview Oil Corp. ("Longview") on February 10, 2014, and the subsequent disclosure on February 11, 2014 of the undisclosed bidder's intent on acquiring 19.8% of the issued and outstanding shares of Longview (each, a "Longview Share") through the secondary offering initiated by Advantage Oil & Gas Ltd. ("Advantage") of its 45% stake in Longview on February 4, 2014, Nawar Alsaadi,...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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