Advantage Oil & Gas Ltd. announced that Mr. Kelly Drader has resigned as Chief Financial Officer and Director of the Corporation to focus on his role as President and Chief Executive Officer of Longview Oil Corp. ("Longview"). In April, 2011 Longview acquired certain oil-weighted assets of Advantage located in West Central Alberta, Southeast Saskatchewan and the Lloydminster area of Saskatchewan.

Mr. Craig Blackwood, the current Vice-President, Finance of the Corporation, will assume the role of Interim Chief Financial Officer.