Advantage Energy Ltd. Reports Operating Results for the Month, Fourth Quarter and Year Ended December 31, 2023
For the quarter, the company reported production of 68,384 boe/d (363.1 MMcf/d natural gas, 3,254 bbls/d crude oil, 1,264 bbls/d condensate and 3,345 bbls/d NGLs).
For the year 2023, annual production was a record 60,678 boe/d (322.7 MMcf/d natural gas, 2,710 bbls/d crude oil, 1,166 bbls/d condensate and 3,021 bbls/d NGLs), in-line with budget despite significant unanticipated externalities including wildfires, third-party outages and extreme temperatures.