Advantage’s 2Q16 financial results were in line with expectations given a prior operational update in early July. The Company’s Montney land base now stands at 150 net sections given 12 (100% WI) new sections added to its Montney land base in 1H16, including 7 net sections around its core Glacier property estimated to boost the Company’s Montney well inventory by 10%. Based on implied returns of ~17% to our revised 12-month target price of $10.25 per share (up from $10.00 pe
