"AAV" for Advantage Oil & Gas Ltd

Advantage Oil and Gas Ltd. is an intermediate oil and natural gas corporation with properties located in Western Canada. The Corporation’s common shares trade on the Toronto and New York Stock Exchanges under the symbol AAV with its head office in Calgary, Alberta, Canada.

Advantage is a growth oriented corporation with a specific focus on developing its significant Montney natural gas resource play at Glacier, Alberta. With an estimated drilling inventory of over 900 horizontal well locations at Glacier and total project capital expenditures that could exceed $2.5 billion, significant reserves and production growth is anticipated to grow shareholder value. In support of project development at Glacier, cash flow is obtained from a focused asset base consisting of long life oil and natural gas assets that have a reserve life index of 25.8 years and production of approximately 23,000 boe per day weighted 94% to natural gas and 6% to oil and natural gas liquids.
Advantage is well positioned with financial flexibility, commodity price hedging and a highly experienced management team and staff to extract value from our large inventory of attractive internal opportunities and to capitalize on any external opportunities in the oil and gas sector.
Advantage Oil & Gas Ltd. (Advantage) is an intermediate oil and natural gas exploration and production company with properties located in Western Canada. The Company and its subsidiaries are actively engaged in the business of oil and gas exploitation, development, acquisition and production in the Provinces of Alberta and Saskatchewan. Advantage focuses on developing its Montney natural gas resource play at Glacier, Alberta. The Company’s properties are located in Alberta and Saskatchewan and consist of liquids natural gas and light oil. On April 14, 2011, Advantage announced that it has closed its disposition (the Transaction) of oil-weighted assets to Longview Oil Corp. (Longview), which assets are located in West Central Alberta, Southeast Saskatchewan and the Lloydminster area of Saskatchewan.

Andy J. Mah		President, Chief Executive Officer, Director
Craig Blackwood		Interim Chief Financial Officer
Patrick J. Cairns		Senior Vice President
Neil G Bokenfohr		Vice President - Exploitation
Jay P. Reid		Corporate Secretary
Steven B. Sharpe		Non-Executive Independent Chairman of the Board
Stephen E. Balog		Independent Director
Paul G. Haggis		Independent Director
Ronald A. McIntosh		Independent Director