Advantage Oil & Gas Ltd. provided earnings and production guidance for the year 2017. The company’s 2017 capital budget includes an investment of $205 million targeted to increase annual production by 17% to 236 mmcfe/d (39,333 boe/d).  Annual 2017 funds from operations is estimated to grow 27% on a per share basis to $210 million based on an average daily natural gas price of AECO CAD 2.95/mcf and the corporation's current hedging positions. The upsized Glacier plant expansion has minimal impact on the corporation's 2017 capital expenditure budget due to company’s expertise in cost efficient facilities engineering design, lower construction costs and fewer required wells to grow and maintain production compared to earlier estimates. The 2017 capital and operating budget includes consideration for potential increases in industry and regulatory costs. The company expects capital expenditure to be $195 million to $215 million. For the year 2017, the company expects average annual production of 230 mmcfe/d to 240 mmcfe/d. 125 mmcf/d of completed standing well productivity is currently available to support company’s 2017 production target.