Press Release
Source: Avalon Oil & Gas, Inc.


Avalon Announces that the Janssen # - 1A is Producing Gas and Condensate


MINNEAPOLIS, MN (PR Newswire) – June 26, 2007 – Avalon Oil & Gas, Inc., (OTCBB: AOGN) is pleased to announce that Tradestar Resources reports that the Janssen #1A well in Karnes County, Texas has been put into production. Avalon owns a 15% Working Interest in the well.

The well was perforated at approximately the 10,300 foot interval in the Roeder Sand (Wilcox Sand Series). The well was perforated with 6,000 feet of water fluid in the tubing to help prevent any extreme gas pressure blowing the perforation tools up the hole. The well went on a low vacuum, but after a few days of slow open flowback and a fluid swabbing procedure in the tubing, the well began to show good gas flow. There is still a leveling off period before the daily gas flow rate can be established, but the well has been flowing at an average rate of 330 thousand cubic feet of gas per day for last five days along with 10 to 20 barrels of high grade condensate.

At present the well is flowing into the sales line without the need of a gas compressor. It is anticipated that a small gas compressor will be required to maintain a consistent daily flow rate. This is to prevent the possibility of not being able to overcome the pipeline pressure being too high for the wells’ natural flowing pressure to enter into the sales line.

The Janssen # 1A has a gas sales contract that fluctuates monthly with the Houston Ship Channel price index and the liquid condensate will be sold at the monthly spot price for product in the regional Texas area. Avalon and the other Participating Partners should expect revenue distribution in July for the hydrocarbon products sold from the Janssen #1A well. This well should produce revenues for many years to come.

About Avalon Oil & Gas, Inc.
Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of oil and gas producing properties. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (UTK: ASE) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas properties.

Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Avalon Oil & Gas, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR FURTHER INFORMATION, please visit the company’s website at www.avalonoilinc.com, or contact:

Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216