Monday, August 27, 2012

Advantage to Clean House of All Non-Core Assets

CALGARY — Advantage Oil & Gas Ltd. said late Wednesday it will sell everything it owns except its Glacier Montney property and its shares in Longview Oil Corp., which it spun out in April 2011.
In a news release after markets closed, the former energy trust said it has hired RBC Capital Markets to offer for sale non-core assets which produced 6,700 barrels of oil equivalent per day (81 per cent gas) during the first half of 2012.

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