(TSX: AAV)

CALGARY, AB, April 27, 2023 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report its first quarter 2023 results, including 25% growth in production per share (year-over-year), while net debt^(a) remained below our $200 million target. Development operations continued at a steady pace with a focus on our liquids-weighted assets at Wembley, Valhalla and Progress.