Advantage Oil &Gas Ltd. Reports Production and Capital Spending Results for the Fourth Quarter and Full Year of 2016
January 18, 2017 at 05:24 pm IST
Advantage Oil &Gas Ltd. reported production and Capital spending results for the fourth quarter and full year of 2016. Fourth quarter 2016 production was up 42% to a record 221 mmcfe/d (36,833 boe/d), representing production growth per share of 32% compared to the same period in 2015 and up from 215 mmcfe/d during the third quarter of 2016.
Annual 2016 production was up 44% and 36% on a per share basis to 203 mmcfe/d (33,833 boe/d).
Capital spending during the fourth quarter of 2016 was $30 million.
Capital spending during $128 million for 2016.