Edition:
United States

Advantage Announces Qtrly FFO $0.24/Share


Monday, 5 Mar 2018 10:31pm EST 

March 5 (Reuters) - Advantage Oil & Gas Ltd ::ADVANTAGE ANNOUNCES 2017 RESULTS AND DRILLING SUCCESSES.‍AVERAGE LIQUIDS PRODUCTION FOR 2018 IS TARGETED AT 1,900 BBLS/D, EXITING YEAR AT 2,400 BBLS/D​.‍ADVANTAGE'S $175 MILLION CAPITAL PROGRAM FOR 2018 IS WEIGHTED APPROXIMATELY 60% TO FIRST HALF OF YEAR​.‍PRODUCTION INCREASED 11% IN Q4 OF 2017 TO 245 MMCFE/D (40,857 BOE/D)​.‍FUNDS FROM OPERATIONS WERE $43.9 MILLION OR $0.24/SHARE FOR QUARTER​.ADVANTAGE OIL & GAS - ‍2018 GUIDANCE INCLUDES A SLIGHT REDUCTION IN PRODUCTION VOLUMES DURING Q2 OF 2018 TO ACHIEVE GUIDANCE OF 255 TO 265 MMCFE/D​.