Latest Avalon Oil & Gas Inc. Stories

MINNEAPOLIS, April 18, 2012 /PRNewswire/ -- 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. "We are excited to enter into this...

MINNEAPOLIS, March 15, 2012 /PRNewswire/ --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. UFM e.V.'s Director, Wilhelm v. Herder-Hebenbrock said,...

MINNEAPOLIS, March 7, 2012 /PRNewswire/ -- Avalon Oil & Gas, Inc. ("Avalon") announced the launch of a social media marketing campaign to strengthen its communications programs. 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. "Our goal is to enhance visibility and strengthen relations with the global investment...

MINNEAPOLIS, Feb. 27, 2012 /PRNewswire/ -- Avalon Oil & Gas, Inc. (Avalon) (OTCBB: AOGN) announced it has retained the services of Alpha Exclusive, LLC (Alpha Exclusive) to support the company's shareholder communications and increase market awareness and build a social media presence. "We are pleased to add Alpha Exclusive as part of our communications team," said Avalon Oil & Gas, Inc. CEO, Kent Rodriguez. He added, "This partnership enables Avalon to focus on building...

MINNEAPOLIS, Nov. 23, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN, OTCBB: AOGN) an independent oil and gas production company, released its 10QSB on November 15, 2011. Total assets increased to $2.65 million, shareholder equity increased to $1.04 million, and the cash balance as of September 30, 2011 exceeded $133,000. The net loss for the quarter decreased 66% to $89,000. Revenues increased to $119,535 for the six-month period ending September 30,...

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...

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...

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...

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...

MINNEAPOLIS, March 8, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc., (Avalon) (OTC Bulletin Board: AOGN; Frankfurt: A3MA) provided an update on operations in the East Chandler Field, Lincoln County, Oklahoma, and the acquisition of the Fossiltek, Inc., assets. "We are pleased to report that the Grace #2 and the Grace #5A wells have been put back into production. Avalon began selling gas from the Grace #2 in August 2010, and oil and gas from the Grace #5A in January," said Avalon's...