The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Advantage Announces Natural Gas Hedging Update

Friday, May 31, 2013

Advantage Announces Natural Gas Hedging Update

18:03 EDT Friday, May 31, 2013


CALGARY, May 31, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce that we have increased our natural gas commodity price hedges for the period October 2013 to March 2014. Below is a list of the new derivative contracts entered into by Advantage:

      Average Price
Description of Derivative  Term  Volume  $Cdn. AECO
Natural gas - AECO      
Fixed price  October 2013 to March 2014  5,687 mcf/d  $4.01/mcf
Fixed price  October 2013 to March 2014  5,687 mcf/d  $4.01/mcf

A summary of the current commodity hedge positions is indicated below:

    Average Price
Period  Average Volume Hedged  $Cdn. AECO
Q2 2013 to Q1 2014  40,741 mcf/d  $3.50/mcf
Q2 2014 to Q1 2015  52,130 mcf/d  $3.82/mcf
Q2 2015 to Q1 2016  42,652 mcf/d  $3.90/mcf

A detailed list of all individual derivative contracts as at May 31, 2013 is available on our website at

SOURCE: Advantage Oil & Gas Ltd.

For further information:

Investor Relations
Toll free: 1-866-393-0393


700, 400 - 3rd Avenue SW
Calgary, Alberta
T2P 4H2
Phone: (403) 718-8000
Fax: (403) 718-8300
Web Site:

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections