Advantage Announces Natural Gas Hedging Update PR Newswire CALGARY, May 31, 2013 (TSX: AAV, NYSE: AAV) 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 5,687 mcf/d $4.01/mcf 2014 Fixed price October 2013 to March 5,687 mcf/d $4.01/mcf 2014 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 www.advantageog.com. SOURCE Advantage Oil & Gas Ltd. Contact: Investor Relations Toll free: 1-866-393-0393 ADVANTAGE OIL & GAS LTD. 700, 400 - 3rd Avenue SW Calgary, Alberta T2P 4H2 Phone: (403) 718-8000 Fax: (403) 718-8300 Web Site:www.advantageog.com
Advantage Announces Natural Gas Hedging Update
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