Advantage’s 2015 reserve book reflects another year of efficient capital deployment. F&D costs were at or near all-time lows, which drove impressive recycle ratios. These results continue to argue for the repeatability and scalability of the Company’s core Glacier Montney asset. We have made minimal changes to our 2016/17 estimates aside from incorporating updated hedges. We’ve adjusted 4Q15 cash flow and production to reflect reported numbers, which were impacted by longer than expected TCPL re ....
17 Feb 2016
Advantage 2015 Year-End Reserves Reflect Year of Peer-Leading Capital Efficiency
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Advantage 2015 Year-End Reserves Reflect Year of Peer-Leading Capital Efficiency
Advantage Energy Ltd (0UG9:LON) | 0 0 0.8% | Mkt Cap: 688.1m
- Published:
17 Feb 2016 -
Author:
Robert Fitzmartyn -
Pages:
9
Advantage’s 2015 reserve book reflects another year of efficient capital deployment. F&D costs were at or near all-time lows, which drove impressive recycle ratios. These results continue to argue for the repeatability and scalability of the Company’s core Glacier Montney asset. We have made minimal changes to our 2016/17 estimates aside from incorporating updated hedges. We’ve adjusted 4Q15 cash flow and production to reflect reported numbers, which were impacted by longer than expected TCPL re ....