Avalon Oil & Gas Continues to Develop Enhancement Plan for Upshur County, Texas Property.MINNEAPOLIS -- Avalon Oil & Gas, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AOGS AOGS Angle Opposite Greater Side (math theorem) ) has made significant progress on the identification of workover opportunities in the New Diana property located in Upshur County, Texas Upshur County is a county located in the U.S. state of Texas. As of 2000, the population was 35,291. The county seat is Gilmer6 and it is part of the Longview metropolitan area. The county is named for Abel P. Upshur who was U.S. . Avalon and its partners have continued the evaluation of the remaining wells in the field, and have developed preliminary plans to workover at least two wells on the property. The workover plan, procedure, and AFE (Apple File Exchange) An earlier Macintosh utility that converted data files between Mac and PC formats. It also included a file translator between IBM's DCA format and MacWrite. for the most impactful opportunity are anticipated to be finalized within the next three weeks, with operations on that project to commence soon thereafter. This workover, which will include the replacement of a submersible submersible, small, mobile undersea research vessel capable of functioning in the ocean depths. Development of a great variety of submersibles during the later 1950s and 1960s came about as a result of improved technology and in response to a demonstrated need for downhole pump and installation of an incremental saltwater disposal pump, is anticipated to be a cost effective enhancement of production from the Woodbine woodbine, name for several vines, among them honeysuckle and Virginia creeper. woodbine Any of many species of vines belonging to various flowering-plant families, especially the Virginia creeper (Parthenocissus quinquefolia, family Vitaceae) of formation. 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 with multiple enhancement opportunities. 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 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. 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: Kent Rodriguez, 952-746-9655, Fax 952-746-5216. |
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