Edition:
India

Advantage Announces First Quarter AFFO Per Share $0.27


Friday, 3 May 2019 

May 2 (Reuters) - Advantage Oil & Gas Ltd ::ADVANTAGE ANNOUNCES FIRST QUARTER 2019 OPERATING & FINANCIAL RESULTS.QTRLY AFFO PER SHARE $0.27.CORPORATION'S 2019 NET CAPITAL EXPENDITURES GUIDANCE RANGE IS $180 TO $200 MILLION.LIQUIDS PRODUCTION IS FORECAST TO CONTINUE INCREASING THROUGH REMAINDER OF 2019.SEES 2019 PRODUCTION GUIDANCE RANGE OF BETWEEN 43,500 BOE/D AND 46,500 BOE/D.SAYS 13% INCREASE IN PRODUCTION TO 44,900 BOE/D IN Q1.SAYS ADVANTAGE IS PLANNING TO INVEST APPROXIMATELY $15 MILLION IN Q2 OF 2019.SEES 2019 LIQUIDS PRODUCTION TO AVERAGE BETWEEN 2,900 BBLS/D AND 3,200 BBLS/D. 

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