Advantagewon Oil Corp., Ties in First Canadian Well Producing 85 Bopd

Source Press Release
Company Advantagewon Oil Corp. 
Tags Upstream Activities
Date November 12, 2019

Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF) (the "Corporation", "Advantagewon", "AOC") announced today that it has tied in its first Canadian well.

The first well is now on production and producing 85 Barrels of Oil Per Day ("BOPD"). The Corporation has a 50% non-working interest in this well, and as such is earning 42.5 BOPD. The Corporation will receive payment for its November oil sales in January. The Corporation is in the process of completing the paperwork to receive oil production in kind which will speed up the payment process by approximately 30 days.

The Corporation continues to work on its other farm in opportunities as previously announced, as well as other new opportunities. The disclosure in this press release was prepared in accordance with NI 51-101 Standards of Disclosure for Oil and Gas Activities" and the "Canadian Oil and Gas Evaluation Handbook" ("COGEH").

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