ABOUT RESPONSIBILITY OPERATIONS INVESTORS CONTACT US High Quality Light Oil, Prolific Gas Foundation, Significant Well Location Inventory, Clean Sustainable Energy, Low-Cost Owned Infrastructure & Capital Efficiencies Advantage is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Across these properties, Advantage holds a total of 228 net sections (145,920 net acres) of Doig/Montney rights. All the areas have potential for liquids-rich and multi-layer development. Since 2008, production has grown to approximately 300 mmcfe/d (50,000 boe/d) and 2P reserves have increased to 3.2 Tcfe (532 million Boe) at December 31, 2020. Upper, Middle & Lower Montney wells generate strong half-cycle rates of return at $2.50/mcf Cdn AECO prices and $55 US/bbl WTI pricing, and have low break-even prices. Future investment will target our highest rate of return projects. Please view our drilling inventory disclaimer here. Current Production 300 mmcfe/d (50,000 Boe/d) 91% natural gas 9% light oil & NGLs P+P Reserves Life Index: ~34 years | About | Responsibility | Operations | Investors | Contact Us | © Copyright 2021 Advantage Energy Ltd. All Rights Reserved. Site by Iradesso Toggle Sliding Bar Area

ABOUT RESPONSIBILITY OPERATIONS INVESTORS CONTACT US Responsibility Advantage Oil & Gas is an Energy Company of the Future Environment, Health & Safety Community Wellness Corporate Governance Sustainability Report Click here to open a PDF version of the above infographic. | About | Responsibility | Operations | Investors | Contact Us | © Copyright 2021 Advantage Energy Ltd. All Rights Reserved. Site by Iradesso Toggle Sliding Bar Area