June 17, 2011 Advantage Oil & Gas Ltd. 700, 400 3rd Ave. SW Calgary, Alberta T2P 4H2Operating Credit Facility • July 6th, 2011 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
The Bank of Nova Scotia (“BNS”) refers to the letter loan agreement dated as of April 14, 2011 (the “Original Credit Agreement”) between BNS and Advantage Oil & Gas Ltd. (the “Borrower”), pursuant to which BNS made available to the Borrower an operating credit facility upon the terms and conditions set out therein. This letter agreement (the “Amending Agreement”) amends and extends the Original Credit Agreement. This Amending Agreement is entered into concurrently with the first amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of June 17, 2011 (the “First Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada and Bank of Montreal, as co-syndication agents, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank, Canada Branch, Alberta Treasury Branches, BNP Paribas (Canada) a
FIRST AMENDMENT TO THE FIFTH AMENDED AND RESTATED SYNDICATED CREDIT AGREEMENTSyndicated Credit Agreement • July 6th, 2011 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
