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Advantage Oil & Gas Ltd
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April 2024 Investor Presentation
| Andy Mah | Page 14 of 11 |
May 06, 2024
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"April 2024 Investor Presentation"
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0 10 20 30 40 0 5 10 15 20 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 2021 average 1x payout: 6 mo 2x payout: 11 mo Since 2020 - All Wells Have Ranged From 2 to 14 Months Payout 1 14 1. See “Specified Financial Measures” in Advantage’s MD&A for the year ended December 31, 2023 and the three months ended March 31, 2024 for information relating to these measures, which information is incorporated by 2020-2022 Well Payout 1 Performance 2022 average 1x payout: 6 mo 2H 2020 average 1x payout: 8 mo 2x payout: 19 mo