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Australian Stock ExchangeView us on the ASX stock market
ASX Code: AVD
Share Price:
Last Update: ,

Exploration and production company Advance Energy (AVD) has a team with over 30 years combined experience in acquiring and optimising international oil and gas assets.

Focusing on established fields in Texas, USA that are close to existing infrastructure, AVD buys underperforming assets and re-evaluates existing data to identify untapped recoverable reserves.

By cutting costs, successfully restoring well productivity and undertaking additional drilling to identify further capacity, AVD maximises potential productivity and cash flow, before divesting the asset once it has returned its initial investment.