2011 Cohen research report on Avalon Oil & Gas, Inc.

Estimated U.S. drilling activity
hits 21-year high

Oil Industry Statistics

How Much Oil and Natural Gas is Left

Long Term World Oil Supply

Natural Gas. org

The 1995 National Assessment of U.S. Oil and Gas Resources

Fossil Energy.gov

 

 



Avalon Oil & Gas, Inc. is an independent domestic oil and natural gas producer dedicated to seeking and implementing new innovative energy technologies and the development of oil and gas reserves for the benefit of our shareholders.

Kent Rodriguez, Avalon Oil Inc. President & CEO

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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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