Advantage Oil & Gas
Public | |
Traded as |
TSX: AAV NYSE: AAV |
Industry | Oil and natural gas |
Founded | Calgary, Alberta (2001) |
Headquarters | Calgary, Alberta |
Key people | Andy J. Mah, President & Chief Executive Officer, Craig Blackwood, Vice President, Finance & CFO, Neil Bokenfohr, Senior Vice President |
Products | Oil and natural gas |
Revenue | 542 million USD (2007)[1] |
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, British Columbia and Saskatchewan, producing the equivalent of 35,000 barrels (5,600 m3) of oil per day in late 2007.[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.
The company claims its reserves to have a lifetime of 11.8 years at the current production rate, although it actively seeks to acquire new properties. In 2007, 65% of its production was natural gas, and 35% light oils and NGLs.[3]
Notes
- 1 2 "Company Profile for Advantage Energy Income Fund (AAV)". Retrieved 2008-10-06.
- ↑ Production information of the Advantage Energy Income Fund Archived October 20, 2007, at the Wayback Machine.
- ↑ Operations of the Advantage Energy Income Fund Archived October 20, 2007, at the Wayback Machine.
External links
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