Avalon Oil & Gas Announces Update on Grant Parish, Louisiana Leasehold.

MINNEAPOLIS -- Avalon Oil & Gas, Inc., (OTCBB:AOGN) and its partners have completed the workover on three wellbores on the Doris Hall Leasehold, Grant Parish, Louisiana. The Doris Hall and Fletcher leases produce from the 2nd Wilcox sand from 4,300 to 4,400 feet. This sand is very prolific, containing oil and gas in commercial quantities. These wells were originally drilled in 1979 and produced in excess of 200 BOPD per well. The Grant Parish Leasehold is operated by Norman, Oklahoma Independent Oil Producer, DRG Energy.

"The initial results on the Doris Hall #1 and Doris Hall #3 were very encouraging, and we are excited that the workover on the Fletcher #1 has been completed. We have laid all new electric lines to the Fletcher #1, hooked up a heater treater along with a 210 barrel test tank," said Dave Geyer, President of DRG Energy. The well was producing 18 BOPD when it was shut-in in 1988.

The Fletcher #1 well is currently producing about 6 BOPD with a 1 1/2" pump and the fluid level on this well is staying above 900 feet. "With the oil cut increasing every day, we feel the chemical treatment program will enhance the existing production," said Oklahoma City Independent Oil Producer and working interest owner, Stan Barta.

"I am eager to see how much the oil production increases as the fluid level in the wellbore is pumped off," said Kent Rodriguez, CEO of Avalon. "We are awaiting a work-over rig for the Doris Hall #6A, to repair a casing leak. We are also evaluating a chemical treatment program for the leasehold," added Rodriguez.

Avalon, DRG and Barta all own an undivided twenty five percent (25%) working interest in the Doris Hall and Fletcher Leasehold.

Avalon is actively seeking the acquisition of other oil and gas properties in Northeast Louisiana, Southern Arkansas and East Texas.

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.

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.