Avalon Oil & Gas, Inc. Produces Oil in Montgomery County, Kansas.MINNEAPOLIS -- Avalon Oil & Gas, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AOGS AOGS Angle Opposite Greater Side (math theorem) ) announced today that it has successfully installed down-hole pumps and is currently producing oil in commercial quantities from the Wayside Sand of the Wayside Field in its Q2 and Q6 wells, Montgomery County, Kansas Montgomery County (standard abbreviation: MG) is a county located in southeast Kansas, in the central United States. The population was estimated to be 34,570 in the year 2005. . "We will actively monitor the fluid and production levels from these two wells while we continue to develop the rest of the leasehold," said Crown Exploration Geologist, Charles Crawford Charles Crawford (30 August 1897 Nashville, Tennessee – 1 June 1958 Calhoun, Georgia) was an American racecar driver. Indy 500 results Year Car Start Qual Rank Finish Laps Led Retired 1934 49 28 108. . Crown Exploration, Avalon's Joint Venture Operator, contracted with China Black Oil Well Services to re-work, replace existing pipe, and evaluate 120 existing shut-in wells on the leasehold. "China Black Oil Well Services moved a work-over rig on the leasehold and began working today. We hope to have several more wells producing oil in commercial quantities in the next sixty (60) days," added Mr. Crawford. Avalon Oil & Gas owns an eighty percent (80%) net revenue interest and a 100% working interest in these two wells and the existing 120 shut-in wells. The Company is actively seeking to acquire and develop additional oil and gas properties in Kansas and Oklahoma. About Avalon Oil & Gas, Inc. Avalon Oil & Gas, Inc., owns an eighty percent (80%) Net Revenue Interest and one hundred percent (100%) working interest in certain oil and gas leasehold interests located in Montgomery County, Kansas, and is actively seeking to acquire and develop additional oil and gas properties in Kansas and Oklahoma. Forward-looking statements in the release are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward- looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This is material information only and is not an offer or solicitation to buy or sell the securities. |
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