Advantage Energy Ltd. reported production results for the third quarter and nine months ended September 30, 2024. Third quarter average production was 74,371 boe/d, an increase of 12% over the second quarter of 2024 and 16% over third quarter of 2023. Natural gas production was 369.3 mmcf/d, an increase of 4% over the second quarter of 2024 and 9% over third quarter of 2023. An average of approximately 5,000 boe/d of dry gas was curtailed during periods of very low AECO prices during the quarter. Liquids production was 12,820 bbls/d (8,144 bbls/d oil, 1,055 bbls/d condensate, and 3,621 bbls/d NGLs), an increase of 80% over the second quarter of 2024, and represented 71% of sales revenue.

For the nine months, the company reported Total liquids production of 8,819 bbls/d against 6,574 bbls/d a year ago. Total production of 68,951 boe/d against 58,083 boe/d a year ago.