Oct 8 (Reuters) - Advantage Oil & Gas Ltd AAV.TO :
* ADVANTAGE ANNOUNCES INCREASE TO 2020 CAPITAL GUIDANCE
* ADVANTAGE OIL & GAS LTD - 2020 CAPITAL GUIDANCE RANGE WILL NOW BE $147 MILLION TO $162 MILLION VERSUS PREVIOUS RANGE OF $130 MILLION TO $145 MILLION
* ADVANTAGE OIL & GAS LTD - HAS HEDGED APPROXIMATELY 51% OF ITS NATURAL GAS PRODUCTION FOR SECOND HALF OF 2020
* ADVANTAGE OIL & GAS LTD - CONTINUES TO INCREASE ITS HEDGING POSITION IN 2021
* ADVANTAGE OIL & GAS - HEDGED 33% OF ITS CRUDE OIL AND CONDENSATE PRODUCTION FOR SECOND HALF OF 2020 WITH WTI SWAPS AT AN AVERAGE PRICE OF US$55.44/BBL
* ADVANTAGE OIL & GAS LTD - SPENDING FOR 2020 IS NOW PROJECTED TO BE BETWEEN $147 MILLION AND $162 MILLION
* ADVANTAGE OIL & GAS LTD - FOR PERIOD OF 2021 TO 2023, CO'S SUSTAINING CAPITAL IS ESTIMATED TO BE UNDER $80 MILLION PER YEAR