BUSINESS LEADERSHIP

Advantage Oil and Gas Company

Advantage Oil and Gas Company

Introduction

Advantage Oil and Gas Company is a known name in the Oil and Gas Sector of Canada. It is currently focusing on the Montney natural gas play at Glacier, Alberata. The cost of production at Alberta is very high and exceeded $2.5 billion. It is an intermediate oil and natural gas corporation with assets and properties located in Western Canada. The shares of the company trade on New York Stock Exchange and on Toronto Stock Exchange with a symbol of AAV. Its head office is located in Alberta, Canada. It converted itself from a royalty trust to a growth oriented corporation, by focusing on natural gas resource play at Glacier, Alberta. The company has drilled an inventory of overall 500 horizontal well. Significant investment in recent times may lead to an increase in share holder's value in future (Bolman & Deal, 2011).

The project is overall very strong and is expected to produce good results for the company. The asset life of the investment is pretty long and it is expected to provide cash flows for a certain time period. The reserve life index of the natural gas assets is estimated to be around 17.6 years. A well positioned plant with financial flexibility offers great options. The price risk of the project is also hedged, so it is expected that the company will do well in the near future.

Management and Leadership of the company

Strong Management and Leadership is one of the main factors for the leading performance of the company in recent years. It has a strong leadership with the desire to succeed and achieve the goals. The senior management of the company is one of the most skilled and potent team among all its competitors. It has an experience of over 140 years of working as E&P experience and Royalty Trust. They have completed more than $ 3 billion of Corporate and Asset acquisitions in addition to the other capital programs in North America. The management is not only skilled, but it also has a vast knowledge in the field of operations, finance and marketing. They are a group of highly skilled technical and administrative personnel.

Mr. Sharpe is currently Managing Director of The EmBeSa Corporation, a private consultancy dealing primarily with corporate restructuring and business strategy. Previously, Mr. Sharpe was Senior Advisor to Blair Franklin Capital Partners Inc., a Toronto-based investment bank which he co-founded, and was the Chairman and CEO of the Prime Restaurants Royalty Income Fund. From 2002 to 2007, Mr. Sharpe was a co-Managing Partner of Blair Franklin. From 1998 to 2001, Mr. Sharpe held executive operating positions in both Canada and the US. A lawyer by training, Mr. Sharpe graduated from Osgoode Hall Law School in 1977, was called to the Ontario bar in 1979 and spent his legal career at the Torys firm from 1979 to 1986, and Davies, Ward &Beck from 1986 to 1998 (The Street ...