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Latest Avalon Oil & Gas Inc. Stories

2011-08-17 08:04:00

MINNEAPOLIS, Aug. 17, 2011 /PRNewswire/ -- 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. "We currently have the cash on hand to complete a workover on the Grace 2, Grace 5A and the Grace 6," said...

2011-07-13 07:00:00

MINNEAPOLIS, July 13, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN) an independent oil and gas production company, today announced an update on its Lincoln County, Oklahoma properties. "We expect to begin a workover on the Grace 5A in the next few days," said CEO Kent Rodriguez. "The well was shut-in for several months, recently was put back into production and needs an acid treatment to clean up the wellbore to restore production levels. We hope to approach...

2011-07-12 08:00:00

MINNEAPOLIS, July 12, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc. ("Avalon") (OTCQX: AOGN, OTCBB: AOGN), an independent oil and gas production company, today announced that Grass Roots Research and Distribution, Inc., www.grassroots.com has updated their August 2010 Research Report. About Avalon Oil & Gas, Inc. Avalon Oil & Gas is an oil and gas company engaged in the acquisition and development of producing oil and gas properties. In addition, Avalon's technology group...

2011-07-11 09:30:00

MINNEAPOLIS, July 11, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc., ("Avalon") (OTCQX: AOGN) an independent oil and gas production company, 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). Avalon's CEO, Kent A. Rodriguez, said, "We appreciate the action taken by ACAP and remain committed to...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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