Advantage Energy Expects at Least $300 Million in Shareholder Returns Over 24 Months at Strip Pricing

• Advantage Energy expects shareholder returns of at least $300 million over 24 months at strip pricing, primarily through share buybacks.
• Buybacks totaling $300 million would represent more than 15% of current market capitalization.
• 2026 production guidance is 80,000-82,000 barrels of oil equivalent per day, with exploration and development spending of $280 million-$310 million.
• Fourth-quarter 2026 production levels are expected to hold through year-end 2027.
• Major infrastructure spending under the three-year plan is complete.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Advantage Energy Ltd. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.