Entropy Inc. , a subsidiary of Advantage Energy Ltd. , is pleased to announce the appointment of Mr. Sanjay Bishnoi as Chief Executive Officer. Mr. Bishnoi will start in his new role on September 23, 2024. After founding and leading Entropy since 2020, Mr. Michael Belenkie will step down from Entropy's President and CEO responsibilities but will remain as Chairman of the Board of Directors providing continued leadership [...]
Advantage Energy Ltd. is pleased to report 2024 second quarter financial and operating results. 2024 Second Quarter Financial Highlights Closed the acquisition of certain Charlie Lake and Montney assets for cash consideration of $445.5 million on June 24, 2024 . Financing activities for the Acquisition included: Issued 5.9 million common shares for gross proceeds of $65.0 million. Issued $143.8 million of 5.0 [...]
Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in Alberta VANCOUVER, BC and CALGARY, AB, July 17, 2024 /CNW/ - Methanex Corporation , one of the world's largest methanol producers and suppliers and Entropy Inc. , a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon [...]
Entropy Inc. , a subsidiary of Advantage Energy Ltd. , is pleased to provide a corporate update including the recent final investment decision at Glacier Phase 2 and Entropy's first investment into the clean power generation market. Glacier Phase 2 Investment Details Entropy is pleased to announce FID of our second post-combustion carbon capture and storage project, with an onstream date expected in the second quarter of [...]
Advantage Energy Ltd. , is pleased to provide updated guidance for 2024 and an updated outlook for 2025. Highlights of 2024 include: At Glacier, our gas-focused program has been reduced to 13 wells , in response to continued outperformance of our recent wells and to avoid increasing supply while 2024 gas prices remain suppressed. At Wembley, our oil-focused program remains unchanged at 3 wells. On the recently acquired [...]
TORONTO, June 24, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Advantage Energy Ltd. TSX Symbol: AAV.R All Issues: No Reason: Pending Delisting Halt Time : 9:33 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Advantage Energy Ltd. , is pleased to announce that it has completed its previously announced acquisition of certain Charlie Lake and Montney assets from a private seller for cash consideration of $445 million , subject to closing adjustments. The Acquisition capitalizes on a rare opportunity to consolidate a high-quality, liquids-weighted asset that is contiguous with our existing core areas and complementary to our [...]
Advantage Energy Ltd. , is pleased to announce that the underwriters of its previously announced bought deal financing pursuant to a prospectus supplement dated June 12, 2024 to Advantage's short form base shelf prospectus dated June 10, 2024, have exercised in full their over-allotment option in respect of the 5.0% extendible convertible unsecured subordinated debentures , resulting in the issue of an additional [...]
TORONTO, June 18, 2024 /CNW/ - Trading resumes in: Company: Advantage Energy Ltd. TSX Symbol: AAV.R All Issues: Non Resumption : 09:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
TORONTO, June 18, 2024 /CNW/ - Trading resumes in: Company: Advantage Energy Ltd. TSX Symbol: AAV.DB All Issues: No Resumption : 09:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
TORONTO, June 18, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Advantage Energy Ltd. TSX Symbol: AAV.DB All Issues: No Reason: Pending Closing Halt Time : 08:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
TORONTO, June 18, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Advantage Energy Ltd. TSX Symbol: AAV.R All Issues: No Reason: Pending Closing Halt Time : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
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