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Key Developments: Advantage Oil & Gas Ltd (AAV)

AAV on New York Consolidated

5.72USD
29 Apr 2016
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Latest Key Developments (Source: Significant Developments)

Advantage Oil & Gas Ltd announces $87.5 million equity financing
Thursday, 18 Feb 2016 08:05am EST 

Advantage Oil & Gas Ltd:Announces $87.5 million equity financing.Agreement with a syndicate of underwriters who have agreed to purchase 11.8 million shares of Advantage at $7.45 per common share.Says net proceeds of the offering will be initially used to temporarily reduce indebtedness.  Full Article

Advantage Oil & Gas Ltd reaffirms H1 2015 production guidance
Thursday, 7 May 2015 05:55pm EDT 

Advantage Oil & Gas Ltd:Anticipate production to average about 130 mmcfe/d to 135 mmcfe/d during H1 2015.  Full Article

Advantage Oil & Gas Ltd gives H1 2015 production guidance
Wednesday, 25 Mar 2015 07:27pm EDT 

Advantage Oil & Gas Ltd:Anticipates production to average about 130 mmcfe/d to 135 mmcfe/d during H1 2015.  Full Article

Advantage Oil & Gas Ltd announces increase in credit facility to $400 mln
Thursday, 29 May 2014 05:56pm EDT 

Advantage Oil & Gas Ltd:Lenders have increased Corporation's borrowing base from $300 mln to $400 mln.Borrowing base increase strengthens Advantage's financial flexibility in support of Corporation's three year development plan targeted to deliver 100 pct production per share growth and 190 pct cash flow per share growth.As at March 31, Advantage's bank indebtedness was about $84.7 mln which results in available credit facility of $315 mln.  Full Article

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