Announcement • Apr 11
Advantage Energy Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Advantage Energy Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Apr 03
Advantage Energy Ltd., Annual General Meeting, May 07, 2026 Advantage Energy Ltd., Annual General Meeting, May 07, 2026. Location: alberta, calgary Canada Announcement • Oct 09
Advantage Energy Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Advantage Energy Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 16
Advantage Energy Ltd. to Report Q2, 2025 Results on Aug 06, 2025 Advantage Energy Ltd. announced that they will report Q2, 2025 results on Aug 06, 2025 Announcement • May 07
Advantage Energy Ltd. Announces Board Changes Advantage Energy Ltd. announced at annual general meeting held on May 6, 2025, approved appointment of Katherine L. Minyard as director of the company. Andy J. Mah did not stand for re-election at the Meeting and accordingly retired from the Board at its conclusion. Announcement • Apr 25
Advantage Energy Ltd. to Report Q1, 2025 Results on May 01, 2025 Advantage Energy Ltd. announced that they will report Q1, 2025 results on May 01, 2025 Announcement • Apr 01
Advantage Energy Ltd., Annual General Meeting, May 06, 2025 Advantage Energy Ltd., Annual General Meeting, May 06, 2025. Location: alberta, calgary Canada Announcement • Mar 07
Advantage Energy Ltd. Announces Board and Committee Changes Advantage Energy Ltd. announced that effective March 6, 2025, two new independent members, Messrs. Lawrence Massaro and Daniel Farb, have been appointed to the Board. The following is a brief biography of each of these new directors. Lawrence Massaro: Lawrence Massaro, known as Larry, was the Chief Executive Officer of Silverado Oil & Gas LLC from 2019 to 2022. Prior thereto, Mr. Massaro was the Chief Financial Officer and Executive Vice President of Newfield Exploration Co. from 2011 to 2019. Prior to joining Newfield, Mr. Massaro was the Head of Acquisitions and Divestitures at JP Morgan from 2005 to 2011. Mr. Massaro holds a Master of Business Administration from Southern Methodist University and a Bachelor of Science in Petroleum Engineering from Texas A&M University. Daniel Farb: Daniel Farb is an experienced investor and is currently the Managing Member of Mill Pond Capital. He has worked with Mill Pond Capital since 2021 and Highfields Capital from 2001 to 2021, where he was Managing Director from 2001 to 2019. Prior to Highfields Capital, he worked at Goldman, Sachs & Co. in the Mergers & Acquisition and Principal Investment Groups. Mr. Farb served as a director of Pharmacyte Biotech Inc. in 2022 and served as a director of MEG Energy Corp. from 2017 to 2018. Mr. Farb is a graduate from Harvard Business School, where he was a Baker and Loeb Scholar and holds a Bachelor of Commerce in Finance from McGill University. Messrs. Massaro and Farb will also join the special committee of independent directors of Advantage (the "Special Committee") announced on February 28, 2025, and such committee has been reconstituted to be comprised of Messrs. Norman MacDonald (Chair), David Smith, Lawrence Massaro and Daniel Farb. The Agreement also provides that Advantage will include an additional independent director to be nominated by Kimmeridge on the list of nominee directors to be set forth in Advantage's management proxy circular for the 2025 AGM. Advantage also announced that Ms. Janine McArdle has retired from the Board. Announcement • Mar 01
Advantage Energy Ltd. to Report Q4, 2024 Results on Mar 04, 2025 Advantage Energy Ltd. announced that they will report Q4, 2024 results on Mar 04, 2025 Announcement • Feb 26
Advantage Energy Ltd. Announces Board Changes Advantage Energy Ltd. announced that as part of its ongoing Board of Directors (the "Board") renewal process, Mr. Stephen Balog, the current Chair of the Board and director of the Corporation will be retiring from the Board at the Corporation's next annual general meeting of shareholders. Replacing Mr. Balog as Chair of the Board will be Mr. John Festival, who has been a director of Advantage since March 12, 2024. Mr. Festival has a distinguished career in the Canadian energy industry with over 35 years of experience. Mr. Festival has held multiple senior executive positions, including President and Chief Executive Officer of BlackRock Ventures Inc. from 1999 to 2006 and President and Chief Executive Officer of BlackPearl Resources Inc. from 2009 to 2019. Mr. Festival is currently the President and Chief Executive Officer of Broadview Energy Ltd., a private oil and gas company focused on heavy oil development, and he serves on the boards of Athabasca Oil Corporation and Cardinal Energy Ltd. Announcement • Dec 12
Advantage Energy Ltd. Provides Production Guidance for 2025 Advantage Energy Ltd. Provided Production Guidance for 2025. For the year, company expects production to be approximately 80,000 boe/d to 83,000 boe/d. Announcement • Oct 08
Advantage Energy Ltd. Provides Production Guidance for 2024 Advantage Energy Ltd. Provided Production Guidance for 2024. For the year, company expected production to be approximately 70,000 boe/d. The outlook for 2025 production remains unchanged. Announcement • Sep 03
Advantage Energy Ltd. Appoints David G. Smith to its Board of Directors Advantage Energy Ltd. announced the appointment of David G. Smith to the Board of Directors, effective September 1, 2024. Mr. Smith has 40 years of experience in the western Canadian oil and gas industry including an extensive career at Keyera Corp. where he played a key role in leading the development and growth of Keyera over twenty years to become one of the largest mid-stream operators in Canada. He served as President and CEO of Keyera from 2015 to 2020 and prior thereto was President & Chief Operating Officer, Executive Vice-President-Liquids Business Unit, and Executive Vice-President & CFO. Prior to joining Keyera, Mr. Smith held progressively more senior finance roles at Gulf Canada Resources Limited and Imperial Oil. Mr. Smith is currently a director of Wajax Corporation, Advisory Board Chair of BluMaple Capital Partners, Board Chair of Arts Commons and a director of United Way of Calgary. He previously served as a director of Crew Energy Inc. until retiring in 2021. Announcement • Jul 12
Advantage Energy Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Advantage Energy Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Announcement • Jul 09
Advantage Energy Ltd. Provides Updated Guidance for the Year 2024 and Updated Outlook for the Year 2025 and Beyond Advantage Energy Ltd. provided updated guidance for the year 2024 and updated outlook for the year 2025 and beyond. For the year 2024, production guidance for 2024 has been revised to between 70,000 and 73,000 boe/d; however, the reduction is entirely from natural gas and there is no change to liquids guidance (13% of corporate production). Production from the recently acquired assets outperformed expectations during the second quarter of 2024, averaging approximately 15,000 boe/d (42 mmcf/d natural gas, 7,160 bbls/d oil, and 910 bbls/d NGLs).For the year 2025 and beyond, production growth is expected to be 16%. The reduced gas drilling program in 2024 is not expected to have a material impact to 2025 production. Announcement • Jun 25
Advantage Energy Ltd. (TSX:AAV) completed the acquisition of Charlie Lake and Montney assets from Longshore Resources Ltd. Advantage Energy Ltd. (TSX:AAV) agreed to acquire Charlie Lake and Montney assets from Longshore Resources Ltd. for approximately CAD 450 million on June 10, 2024. A cash consideration of approximately CAD 450 million is subject to closing adjustments. The Acquisition will be funded through a combination of common equity, convertible debentures and an upsized credit facility. The Corporation has entered into an agreement with a syndicate of underwriters to raise gross proceeds of approximately CAD 65 million of subscription receipts and approximately CAD 130 million of extendible convertible unsecured subordinated debentures on a bought deal basis, with TD Securities Inc. and Scotiabank as joint bookrunners. The Corporation has also entered a debt commitment letter, led by Scotiabank and jointly underwritten with National Bank of Canada and RBC Capital Markets, for a committed and upsized approximately CAD 650 million revolving credit facility. Advantage Energy will deposit escrow amount of CAD 1.5 million to Lawson Lundell LLP. The Acquisition is expected to close by the end of June 2024 , pending closing conditions, including the receipt of necessary regulatory approvals. TD Securities is acting as exclusive financial advisor on the Acquisition. Scotiabank is acting as strategic advisor on the Acquisition. Burnet, Duckworth & Palmer LLP is acting as legal counsel to Advantage with respect to the Acquisition, the revised credit facilities and the Offering. Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as U.S. legal counsel to Advantage with respect to the Offering. Blake, Cassels & Graydon LLP is acting as Canadian legal counsel to the Underwriters with respect to the Offering. National Bank Financial and RBC Capital Markets acted as financial advisors to the vendor.
Advantage Energy Ltd. (TSX:AAV) completed the acquisition of Charlie Lake and Montney assets from Longshore Resources Ltd. on June 24, 2024. Announcement • Jun 14
Advantage Energy Ltd. has filed a Follow-on Equity Offering in the amount of CAD 65.01 million. Advantage Energy Ltd. has filed a Follow-on Equity Offering in the amount of CAD 65.01 million.
Security Name: Subscription Receipts
Security Type: Common Stock
Securities Offered: 5,910,000
Price\Range: CAD 11 Announcement • Apr 28
Advantage Energy Ltd. to Report Q2, 2024 Results on Jul 25, 2024 Advantage Energy Ltd. announced that they will report Q2, 2024 results on Jul 25, 2024 Announcement • Apr 03
Advantage Energy Ltd., Annual General Meeting, May 14, 2024 Advantage Energy Ltd., Annual General Meeting, May 14, 2024. Announcement • Mar 13
Advantage Energy Ltd. Announces Board Changes Advantage Energy Ltd. announced the appointment of John Festival to its Board of Directors (the "Board"), effective March 12, 2024. Mr. Festival has over 35 years of experience in the energy industry and has held multiple senior executive positions, including President & CEO of BlackRock Ventures Inc. from 1999 to 2006 and President & CEO of BlackPearl Resources Inc. from 2009 to 2019. Mr. Festival is currently the President & CEO of Broadview Energy Ltd., a private oil and gas company focused on heavy oil development, and he serves on the boards of Athabasca Oil Corporation, Cardinal Energy Ltd., and i3 Energy PLC. Advantage is also announcing the retirement of Paul G. Haggis from its Board of Directors. Mr. Haggis joined the Board in 2008 and helped guide Advantage through periods of major transition, including its conversion from an income trust to a corporation in 2009 and its tactical shift to become a pure-play Montney producer in 2014. His extensive strategic knowledge and financial experience has been invaluable as Advantage has grown to become an industry-leading producer of clean, reliable, and sustainable energy for Canadians. Announcement • Mar 01
Advantage Energy Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Advantage Energy Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Jan 27
Advantage Energy Ltd. to Report Q4, 2023 Results on Mar 04, 2024 Advantage Energy Ltd. announced that they will report Q4, 2023 results on Mar 04, 2024 Announcement • Dec 01
Advantage Energy Ltd. Provides Production Guidance for the Year 2024 Advantage Energy Ltd. provided production guidance for the year 2024. For the year, the company production is expected to average between 65,000 boe/d and 68,000 boe/d and the corporate decline rate is expected to remain at approximately 24%. Announcement • Oct 07
Advantage Energy Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Advantage Energy Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Aug 27
Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million. Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million on August 25, 2023. Advantage Energy Ltd. (TSX:AAV) completed the acquisition of Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) on August 25, 2023. 
