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AVALON ENTERS INTO JOINT VENTURE TO ACQUIRE OKLAHOMA OIL AND GAS PROPERTIES
April 18, 2012 Avalon Oil and Gas, Inc. (Avalon) (OTCBB: AOGN) announced the formation of a joint venture to acquire oil and gas producing properties in Oklahoma, with Blair Oil Company, a Kingfisher, Oklahoma, based independent oil and gas producer; Zacale Resources Company, an Edmond, Oklahoma, based petroleum land management company; and Foy Streetman, a Chickasha, Oklahoma, based independent oil and gas producer.
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AVALON PRESENTS TO EUROPEAN PRIVATE-EQUITY GROUP
March 12, 2012 Avalon Oil and Gas, Inc. (Avalon) (OTCBB: AOGN) announced it has delivered a company presentation last week to a business forum of the German private investment group, UFM e.V.(www.ufm-ev.de). This investor group is based in Starnberg, Germany. UFM e.V. has a successful history of raising debt and equity capital from its investor network for financing innovative growth companies.
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AVALON LAUNCHES SOCIAL MEDIA PRESENCE
March 07, 2012 Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN) announced the launch of a social media marketing campaign to strengthen its communications programs. With Alpha Exclusive’s communications services, the company will engage a combination of social media channels, including YouTube, Twitter, Facebook, LinkedIn and WordPress to provide information on company initiatives and reach out to potential investors.
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Avalon Oil & Gas June 30, 2011 10-QSB Shows Improved Financial Results
August 15, 2011 Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN) an independent oil and gas production company, released its 10QSB on August 15, 2011. Total assets increased to $2.7 million, shareholder equity increased to $1.04 million, and our cash balance as of June 30, 2011 was over $141,000. The net loss for the quarter decreased 66% to $89,000.
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Avalon Announces Application for OTCBB Listing
July 11, 2011 Avalon Oil & Gas, Inc., (“Avalon”) (OTCQX: AOGN) today announced that the Company has applied for the listing of its shares on the OTC Bulletin Board (OTCBB). Market maker ACAP Financial, Inc., (ACAP) filed the application for Avalon with the Financial Industry Regulatory Authority (FINRA).
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Avalon Provides Shareholder Update on Grace Field Production and the Fossiltek Acquisition
March 08, 2011 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F)provided an update on operations in the East Chandler Field, Lincoln County, Oklahoma, and the acquisition of the Fossiltek, Inc., assets.
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Avalon Files Amended S-1 Registration
October 20, 2010 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F)announced today that its majority-owned subsidiary, Oiltek, Inc., has filed a seventh amendment to the Form S-1, in which it responded to comments received from the Securities and Exchange Commission (SEC).
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Avalon Acquires a Portfolio of Oil and Gas Producing Properties in Western Oklahoma
September 16, 2010 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F) is pleased to announce that it has entered into a Letter of Intent with Fossiltec, Inc., to purchase non-operating working interests in five (5) producing oil wells and thirty-three (33) producing gas wells, for a combination of cash and newly issued common stock.
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Avalon Oil & Gas, Inc. Announces that René Haeusler has joined its Board of Directors
August 19, 2010 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) is pleased to announce the addition of lic. phil. René Haeusler to its Board of Directors.
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Avalon Acquires Leasehold in Vernon County, Missouri
July 12, 2010 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) is pleased to announce that it has entered into a letter agreement to acquire an undivided one hundred percent (100%) working interest in a 320-acre leasehold in Vernon County, Missouri. The leasehold contains over 70 wellbores, with over 20 wellbores equipped for production.
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Avalon Acquires Leasehold in Jefferson and Stephens County, Oklahoma
September 30, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) announced it has signed a letter agreement to acquire a one hundred percent (100%) working interest, eighty-three percent (83%) net revenue interest in 1,500 net mineral acres in Jefferson and Stephens County, Oklahoma.
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Avalon Files Amended S-1 Registration
August 12, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) announced today that its majority-owned subsidiary, Oiltek, Inc., has filed a sixth amendment to the Form S-1 Registration Statement originally filed October 22, 2007. Avalon plans for Oiltek’s shares to be listed on the OTC Bulletin Board. The Company will distribute the shares which it owns in Oiltek to Avalon’s shareholders on a date determined by its Board of Directors.
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Avalon Receives Initial Revenues from Scissortail Energy for the Grace #2 and Grace #5A Wells
May 07, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) provided an update on workover operations in the East Chandler Field, Lincoln County, Oklahoma, and reported that the company has received the first check for gas revenues from Scissortail Energy LLC, since Avalon consolidated its recent acquisition of fractional working interests in the Grace Wells.
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Avalon Completes Work-over on the Grace #6 Well
April 30, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) updated shareholders on its workover operations in the East Chandler Field, Lincoln County, Oklahoma, and reported that gas production from the Grace #6 well has increased to 205 MCF per day, and continues to increase each day.
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Avalon Increases Production on the Grace #2 Well
March 19, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) provided an update on workover operations in the East Chandler Field, Lincoln County, Oklahoma, and reported that gas production from the Grace #2 well has averaged 230 MCF per day for the past 30 days.
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Avalon Increases Ownership in the East Chandler Field
March 16, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) announced that it has increased its working interests in the five well East Chandler Field, Lincoln County, Oklahoma. Avalon has increased its working interest in the Grace wells as follows: in the Grace #1 to 42.125%; in the Grace # 2 to 30.5%; in the Grace #3 to 39.0%, in the Grace #5A to 40.0%, and in the Grace #6 to 34.0%. “We are excited to have completed the purchase of these fractional working interests with a combination of cash and stock, and are actively seeking to increase our ownership in these wells over the next 30 days”, said Kent Rodriguez, Avalon’s CEO.
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Avalon Files Amended S-1 Registration
February 26, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) announced today that its majority-owned subsidiary, Oiltek, Inc., has filed a fourth amendment to the Form S-1 Registration Statement originally filed October 22, 2007. Avalon plans for Oiltek’s shares to be listed on the OTC Bulletin Board.
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Avalon Completes Workover on Grace # 5A Well
January 30, 2009 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) provided an update on workover operations in the East Chandler Field, Lincoln County, Oklahoma, and reported that the workover of the Grace # 5A Well has been completed. .
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Avalon Closes Acquisition of Bedford Energy Assets Increasing Revenues Nearly Three-Fold
December 22, 2008 Avalon
Oil and Gas (OTCBB: AOGN) announced it has signed a letter of agreement to acquire all of the oil and gas producing assets owned by Bedford Energy, Inc. in the East Chandler Field, Lincoln County, Oklahoma.
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Avalon Oil And Gas CEO Kent Rodriguez Discusses Company’s Oil and Gas
Technology And Strategy With CEORoadshow.com in Exclusive Online Audio Interview
December 04, 2008 Avalon
Oil and Gas (OTCBB: AOGN) today announced that the Company is presently featured
in an online audio interview at www.CEORoadshow.com
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Avalon Oil & Gas Reports Record Revenues for the Six Month Period Ending
September 30, 2008
December 04, 2008 Avalon
Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) has reported its financial results
for the six months ending September 30, 2008. In the Form 10-QSB the Company
filed with the Securities and Exchange Commission (SEC), Avalon reported revenues
for the six month period of $247,865, a 147% increase over the comparable period
in 2007.
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Avalon Acquires
a Leasehold Position in Rice County, Kansas
September 25, 2008 Avalon
Oil & Gas, Inc., (Avalon) (OTCBB: AOGN / FWB: A3MA.F) announced that the
company has acquired an undivided 100% working interest, 85% net revenue interest
in an 80 acre lease, and a 50% working interest, 40% net revenue interest in
a 240 acre lease in Rice County, Kansas. The Rice County leasehold has seven
wellbores and a salt water disposal well.
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Avalon Announces
Waters #3 Gas Well On Line
September 03, 2008 Avalon
Oil & Gas, Inc., (Avalon) (OTCBB: AOGN / FWB: A3MA.F) announced that the
pipeline spur to the Waters #3-328, Lipscomb County, Texas, has been completed.
This well produces from the Lower Morrow sand, a highly charged hydrocarbon reservoir
with several producing gas wells in the immediate vicinity.
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