PR Newswire: news distribution, targeting and monitoring
See more news releases in Oil & Energy

Advantage Announces Natural Gas Hedging Update

Share with Twitter Share with LinkedIn


CALGARY, May 31, 2013 /PRNewswire/ - 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.

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.



PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.


Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.


Online Member Center

Not a Member?
Click Here to Join
Search News Releases
Advanced Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release