Advantage Energy Ltd. reported their 2025 first quarter financial and operating results, with cash provided by operating activities reaching $122.9 million and Adjusted Funds Flow of $121.1 million. They had cash used in investing activities of $107.9 million and net capital expenditures of $94.2 million. Net debt reduced to $603.3 million, ahead of schedule to meet their 2025 target of $450 million. Their record production included 83,773 boe/d with liquids production at 13,273 bbls/d. They drilled 13 liquids-weighted wells and reduced operating costs to $4.76/boe. Notably, Advantage hedged a significant portion of their forecasted natural gas and crude oil production for 2025. The company is focusing on maximizing AFF per share while maintaining balance sheet strength. They expect accelerated free cash flow throughout the year and aim to achieve their net debt target, leading to more share buybacks. The strategy involves disciplined capital allocation and high-return investments for sustainable growth. Advantage is poised to benefit from the Canadian political outlook due to their low carbon natural gas. They plan to generate over $500 million of free cash flow over three years and continue growing production annually. The company is well-positioned for value creation and strategic growth opportunities.