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, President & COO, Kelly Drader, CEO
Products Oil and natural gas
Revenue Increase542 million USD (2007)[1]
Number of employees
 111 (2008)[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. 1 2 "Company Profile for Advantage Energy Income Fund (AAV)". Retrieved 2008-10-06.
  2. ↑ Production information of the Advantage Energy Income Fund
  3. ↑ Operations of the Advantage Energy Income Fund

External links

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