Advantage Oil & Gas Ltd. (Advantage) is a Canada-based intermediate oil and natural gas exploration and production company. The Company’s properties are located in Western Canada. The Company and its subsidiaries are engaged in the business of oil and gas exploitation, development, acquisition and production. Advantage focuses on developing its Glacier Montney natural gas resource play at Glacier, Alberta. The Company’s properties are located in Alberta and Saskatchewan and consist of natural gas liquids and light oil. The Company is focused on development and delineation of its 18.1 Trillion Cubic Feet Equivalents (Tcfe) of Montney natural gas and liquids resource at Glacier, Alberta. The Company is focused on development of Upper and Lower Montney formation.