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Advantage Oil & Gas Ltd
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April 2024 Investor Presentation
| Andy Mah | Page 44 of 11 |
May 06, 2024
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"April 2024 Investor Presentation"
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Track Record of Enhancing Efficiency and Performance 44 Relentless Drilling, Completion, & Tie-In Cost Efficiency 0 1000 2000 3000 4000 5000 6000 7000 Drilled Length 2008-2022 Wells Drilled MD 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Tonnes/Meter Continuous Advancement of Completion Design $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 2008/09 2009/10 2010/11 2011/12 2013/14 2014/15 2015/16 2016/17 2017/18 2019/20 2020/21 2021/22 $/Tonne 0 2000 4000 6000 8000 10000 12000 14000 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 Calendar Day Gas Rate (mcfd) Months Ever-Improving Well Performance 2012 2015 2017 2018 2020 D1 Tier 1 (0.6T/m) 2022/23 Upr (2600m 2T/m) 2021 OnProd 2022 OnProd Relentless Drilling, Completion, & Tie-In Cost Efficiency