Advantage Energy Ltd.

Entropy Inc. , a subsidiary of Advantage Energy Ltd. , is pleased to announce that it has begun commissioning its first post-combustion carbon capture and storage project at the Glacier Gas Plant in Alberta, effective June 27, 2022. Commissioning of the first phase ) is expected to take several weeks with "first carbon" expected to be injected into permanent geological storage within four weeks. Entropy believes that [...]

Advantage Energy Ltd. is pleased to announce that on May 5, 2022 it held its annual general and special meeting of shareholders . A total of 154,769,277 common shares were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of eight nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors are elected or appointed [...]

Advantage Energy Ltd. is pleased to report its first quarter 2022 results including record production, record adjusted funds flow and continued financial and operational discipline. Profitability increased rapidly as commodity prices increased during the quarter and debt fell significantly below our $200 million target. As a result, Advantage has initiated a return-of-capital strategy whereby all free cash flow will be [...]

Advantage Energy Ltd. announced today that due to the continued strength in commodity prices and market conditions, the Corporation is proceeding with and the Toronto Stock Exchange has approved the Corporation commencing a normal course issuer bid . Pursuant to the Bid, Advantage will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 18,704,019 common shares of the Corporation [...]

CALGARY, AB, March 28, 2022 /CNW/ - Entropy Inc. , a subsidiary of Advantage Energy Ltd. , is pleased to announce a strategic $300 million investment agreement with Brookfield Renewable to scale up deployment of Entropy's carbon capture and storage technology globally. Highlights of the Strategic Investment Agreement The investment provides Entropy with a combination of strategic advantages: Capital commitment of $300 [...]

Advantage Energy Ltd. is pleased to report 2021 year-end results, reserves and an operational update. Advantage achieved record results during 2021, while capital spending remained modest. Advantage's long history of disciplined capital deployment continued, with every well drilled since the second half of 2020 achieving payout in under one year and many achieving payout in under 5 months. The Corporation has a [...]

Entropy Inc. is pleased to announce it has entered a non-binding strategic financing agreement with a leading energy transition investor, and to provide a year-end corporate development update. Highlights of the Strategic Financing Agreement Entropy and a leading energy transition investor have agreed to the terms of an exclusive, non-binding financing agreement expected to provide sufficient capital for the execution of [...]

Advantage Energy Ltd. is pleased to announce its 2022 budget. Advantage's 2022 capital program will be focused on growing adjusted funds flow per share by continuing to drill high rate-of-return targets in areas with existing infrastructure capacity. An escalating emphasis will be placed on increasing liquids revenue and making infrastructure investments that either expand third-party processing revenue or advance our [...]

TORONTO, Dec. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021: S&P/TSX COMPOSITE INDEX - December 20, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Advantage Energy Ltd. Energy Oil & Gas Exploration & Production ADDED Baytex Energy Corp. Energy Oil & Gas Exploration [...]

Advantage Energy Ltd. is pleased to announce the publication of its 2021 Sustainability Report which is available on our website at www.advantageog.com. The Report outlines key sustainability metrics and achievements to year-end 2020, as well as ongoing initiatives and targets. Advantage has been focused on business sustainability since inception in 2001. We are proud to share the progress we've made on advancing our [...]