-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GAb3Ig7y0BH2gYJHoFPDtGnorI18dNf8dzTr3AkVb/OSuTMb8xPIf2uovsCkM5Mg CuODhFSx7mgz/sDTZihPDA== 0001050502-07-000355.txt : 20070928 0001050502-07-000355.hdr.sgml : 20070928 20070928144630 ACCESSION NUMBER: 0001050502-07-000355 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20070626 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070928 DATE AS OF CHANGE: 20070928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Avalon Oil & Gas, Inc. CENTRAL INDEX KEY: 0000918573 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 841168832 STATE OF INCORPORATION: CO FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12850 FILM NUMBER: 071142011 BUSINESS ADDRESS: STREET 1: 7807 CREEKRIDGE CIRCLE STREET 2: SUITE 105 CITY: MINNEAPOLIS STATE: MN ZIP: 55439 BUSINESS PHONE: 6123599020 MAIL ADDRESS: STREET 1: 7807 CREEKRIDGE CIRCLE STREET 2: SUITE 105 CITY: MINNEAPOLIS STATE: MN ZIP: 55439 FORMER COMPANY: FORMER CONFORMED NAME: XDOGS COM INC DATE OF NAME CHANGE: 20000225 FORMER COMPANY: FORMER CONFORMED NAME: SLED DOGS CO DATE OF NAME CHANGE: 19950112 FORMER COMPANY: FORMER CONFORMED NAME: SNOWRUNNER INC DATE OF NAME CHANGE: 19940203 8-K 1 avalon8k6-26.txt 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): June 26, 2007 Avalon Oil & Gas, Inc. ---------------------- (Exact Name of registrant as specified in charter) Nevada 1-12850 84-1168832 ------ ------- ---------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 7808 Creekridge Circle, Suite 105 Minneapolis, MN 55439 ------------------------------------------------------- (Address of principal executive offices) (952) 746-9652 -------------- (Registrant's telephone number, including area code) (Former Name or Former Address if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)). |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c). Item 7.01 Regulation FD Disclosure. A) Avalon Oil & Gas, Inc. ("Avalon") announced in a press release dated June 26, 2007 that the Janssen #-1A well in Karnes County, Texas, of which Avalon owns a 15% working interest, has been put into production. The well had been flowing at an average rate of 330 thousand cubic feet of gas per day, along with 10 to 20 barrels of high grade condensate. B) Avalon announced in a press release dated June 28, 2007 that it had finalized an Authorization for Expenditure for the workover of the Deltaic Farms #-1 well in Miller County, Arkansas. The workover is anticipated to remove paraffin wax build-up as well as install a pumpoff controller. C) Avalon announced in a press release dated July 2, 2007 that, along with its partners, it had commenced field operations on the Doris Hall and Fletcher Leaseholds in Grant Parish, Louisiana, designed to provide a measure of the productive capabilities of the property prior to acquisition. The leasehold has six wellbores, and Avalon has an undivided 25% working interest. D) Avalon announced in a press release July 9, 2007 that, along with its partners, it has completed the workover on three wellbores on the Doris Hall Leasehold, Grant Parish, Louisiana. A newly designed down hole tube pump in the Doris Hall #1 was installed, and is currently pumping over 200 barrels of fluid below a packer. The Doris Hall #3 well is currently producing about 10 BOPF with a 1 1/2" pump, and the fluid level is staying above 900 feet. E) Avalon announced in a press release dated July 11, 2007 that the Janssen #1A well in Karnes County, Texas, in which Avalon owns a 15% working interest, produced 8,062 MCF of gas and 163 barrels of condensate in June 2007. The well was flowing at an average rate of 250 MCF per day, along with 10 barrels of high grade condensate. F) Avalon announced in a press release dated July 23, 2007 that Dr. D. Bruce Merrifield was appointed as an expert advisor. Dr. Merriefield will advise Avalon in matters including, but not limited to, Avalon's intellectual property assets encompassing solutions for paraffin wax mitigation, hazardous gas leak detection, and intelligent reservoir mapping systems. G) Avalon Oil & Gas, Inc. announced in a press release dated August 13, 2007, that it had received notice that the U.S. Patent and Trademark Offices has approved the patent application for Avalon's paraffin wax mitigation system, being marketed as Ultrasnoic Mitigation Solutions(TM) (the "Patent"). Currently available solutions to paraffin wax deposits and build-up in oil production rely upon chemical solvents, which not only require repeated mechanical pigging operation and costly workovers to maintain production capacity, but also can also result in environmental liabilities. In contrast, the Patent utilizes ultrasonic waves to fragment current paraffin deposits in the production's tubing and prevent future wax formation in an environmentally safe process. H) Avalon announced in a press release dated August 16, 2007, that Kent Rodriguez, Avalon's President and CEO, presented a proposal to the Board of Directors to create wholly owned subsidiary which would focus upon oil and gas recovery technology; and plans to spin-off such subsidiary to Avalon's shareholders. The oil and gas technology include, but are not limited, to the Patent; a system to detect hazardous gas leaks including small leaks in natural gas pipelines; and a system for intelligent drilling and completion sensors to provide real-time oil reservoir monitoring of subsurface information. I) Avalon announced in a press releases dated August 20, 2007 and August 30, 2007 that it has executed and entered into an exclusive licensing agreement with Oiltek, Inc. ("Oiltek"), whereby Oiltek acquired the exclusive rights to market Avalon's portfolio of intellectual property and fifty thousand ($50,000) dollars, in exchange for approximately eighty (80%) percent or ten million (10,000,000) of Oiltek's common stock. Oiltek is a majority owned subsidiary of Avalon, but Avalon intends to spin-off its shares to Avalon's shareholders. Oiltek is currently preparing to register its shares of common stock with the U.S. Securities and Exchange Commission ("SEC"), and will seek a listing of Oiltek's shares on the Over-the-Counter Bulletin Board ("OTCBB") upon the registration statement becoming effective. J) Avalon announced in a press release dated August 27, 2007 that it had acquired a sixteen (16%) percent working interest in the Hughs #1 well, located in Noble County, Oklahoma. When the well was drilled and completed in 1988, it was tested to have a capacity of four (4) million cubic feet per day. K) Avalon announced in a press release dated September 7, 2007 that Kent Rodriguez, Avalon's CEO and President, will present to international investors at the IAM Dusseldorf on September 7 - 9 at the Forum Theme Park Resources in the Messe Dusseldorf to further introduce Avalon to the international investment community. L) Avalon announced in a press release dated September 11, 2007 that it has begun the workover on the Hughs #1, located Noble County, Oklahoma, to repair the damaged tubing and downhole pump, remove the paraffin wax build-up, and clean-up the perforations in the Bartlesville Zone. Avalon owns a 16% working interest in the Hughs #1. M) OTC Stock Review announced in a press release dated September 17, 2007 that it has published an updated report on Avalon Oil & Gas, Inc. N) Avalon announced in a press release dated September 25, 2007 that the workover on the Hughs #1, located in Noble County, Oklahoma, to repair the damaged tubing and downhole pump, remove the paraffin wax build-up, and clean-up the perforations in the Bartlesville Zone was successfully completed as planned. The well had flush production of two hundred (200) barrels of oil and is now producing six (6) barrels of oil per day and 10 MCF of gas. Avalon owns a 16% working interest in the well. Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits. Exhibit No. Description ----------- ----------- 99.1 Press Release dated June 26, 2007 99.2 Press Release dated June 28, 2007 99.3 Press Release dated July 2, 2007 99.4 Press Release dated July 9, 2007 99.5 Press Release dated July 11, 2007 99.6 Press Release dated July 23, 2007 99.7 Press Release dated August 13, 2007 99.8 Press Release dated August 16, 2007 99.9 Press Release dated August 20, 2007 99.10 Press Release dated August 27, 2007 99.11 Press Release dated August 30, 2007 99.12 Press Release dated September 7, 2007 99.13 Press Release dated September 11, 2007 99.14 Press Release dated September 17, 2007 99.15 Press Release dated September 25, 2007 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Avalon Oil & Gas, Inc. Date: September 27, 2007 By: /s/ Kent Rodriguez -------------------------------- Kent Rodriguez, President EX-99.1 2 avalon99-1.txt PRESS RELEASE Exhibit 99.1 Avalon Announces that the Janssen #-1A is Producing Gas and Condensate Tuesday June 26, 6:00 am ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) is pleased to announce that Tradestar Resources reports that the Janssen #-1A well in Karnes County, Texas has been put into production. Avalon owns a 15% Working Interest in the well. The well was perforated at approximately the 10,300 foot interval in the Roeder Sand (Wilcox Sand Series). The well was perforated with 6,000 feet of water fluid in the tubing to help prevent any extreme gas pressure blowing the perforation tools up the hole. The well went on a low vacuum, but after a few days of slow open flowback and a fluid swabbing procedure in the tubing, the well began to show good gas flow. There is still a leveling off period before the daily gas flow rate can be established, but the well has been flowing at an average rate of 330 thousand cubic feet of gas per day for last five days along with 10 to 20 barrels of high grade condensate. At present the well is flowing into the sales line without the need of a gas compressor. It is anticipated that a small gas compressor will be required to maintain a consistent daily flow rate. This is to prevent the possibility of not being able to overcome the pipeline pressure being too high for the wells' natural flowing pressure to enter into the sales line. The Janssen #-1A has a gas sales contract that fluctuates monthly with the Houston Ship Channel price index and the liquid condensate will be sold at the monthly spot price for product in the regional Texas area. Avalon and the other Participating Partners should expect revenue distribution in July for the hydrocarbon products sold from the Janssen #-1A well. This well should produce revenues for many years to come. 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. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (UTK:ASE) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. EX-99.2 3 avalon99-2.txt PRESS RELEASE Exhibit 99.2 Avalon Begins Workover to Enhance Production on the Deltaic Farms #-1 Thursday June 28, 6:00 am ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) announced that it has finalized an AFE (Authorization for Expenditure) for the workover of the Deltaic Farms #-1 well, Miller County, Arkansas. The workover is anticipated to remove a paraffin build-up through chemical injection, as well as install a pumpoff controller. In addition KROG LLC, partner in this property, operates the well and anticipates commencing the work on this project within the next thirty days. This well was originally drilled and completed in the Tokio zone in 1989. Avalon and KROG jointly each own 50% of three wells in the Kiblah field, which produce oil from the Tokio zone at an approximate depth of 3,000'. The partners are also in the process of evaluating workover potential on another well in the field, as well as identifying other opportunities in the area around this property in Southwestern Arkansas. 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. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (UTK: ASE) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax: 952-746-5216 www.avalonoilinc.com - -------------------- Source: Avalon Oil & Gas, Inc. EX-99.3 4 avalon99-3.txt PRESS RELEASE Exhibit 99.3 Avalon Oil & Gas Commences Testing Operations in Grant Parish, Louisiana Monday July 2, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) and its partners have commenced field operations on the Doris Hall and Fletcher Leasehold, Grant Parish, Louisiana. The two leases produce from the 2nd Wilcox sand from 4300 to 4400 feet. This sand is very prolific containing oil and gas in commercial quantities. The Leasehold has six (6) wellbores. These wells were originally drilled in 1979 and produced in excess of 200 barrels of oil per day per well, and have been shut in for several years. The Doris Hall Lease has three wellbores and the Fletcher lease has field operations are designed to provide a measure of the productive capabilities of this property prior to acquisition. The first phase of field work consisting of moving a bottom hole assembly for a pumping unit deeper in one of the wells, along with related modification of the surface components of the pumping unit, have been completed. The Grant Parish Properties are operated by Norman Oklahoma independent operator DRG Energy. Dave Geyer, President of DRG Energy stated, "We are excited begin the workovers of the three (3) wellbores on the Doris Hall Leasehold. Initial test results on each well are very promising". "The oil cut in each well is starting to increase", said Oklahoma City independent Oil Producer and working interest owner, Stan Barta. 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, Southwest 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. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (UTK:ASE) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.4 5 avalon99-4.txt PRESS RELEASE Exhibit 99.4 Avalon Oil & Gas Announces Update On Grant Parish, Louisiana Leasehold Monday July 9, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) 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, produced in excess of 200 BOPD per well, and have been shut-in for several years. The Grant Parish Leasehold is operated by Norman, Oklahoma Independent Oil Producer, DRG Energy. "We have installed a newly designed down hole tube pump in the Doris Hall #1. It is currently pumping over 200 barrels of fluid below a packer. The casing leak has been plugged and the well is beginning to produce oil", said Dave Geyer, President of DRG Energy. The well was producing 20 BOPD when it was shut-in in 1988. The Doris Hall #3 well is currently producing about 10 BOPD with a 1 1/2 " pump, the fluid level on this well is staying above 900 feet. We have purchased and installed a new 2" pump for this well which should increase the amount of fluid by 60%. "I am eager to see how much the oil production increases with the installation of this new pump", said Kent Rodriguez, CEO of Avalon. "We are awaiting a work-over rig for the Doris Hall #6A and Fletcher # 1. Both wells have casing leaks that need to be repaired. We are also evaluating a chemical treatment program for the leasehold," added Rodriguez. "The initial results on the Doris Hall #1 and Doris Hall #3 are very encouraging, and we are excited to begin the workover on the Doris Hall 6A and the Fletcher #1." "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. 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. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (UTK:ASE) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.5 6 avalon99-5r.txt PRESS RELEASE Exhibit 99.5 Avalon Reports Janssen #1A June 2007 Production Numbers Wednesday July 11, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) is pleased to announced that the Janssen #1A, Karnes County, Texas produced 8,062 MCF of gas and 163 Barrels of condensate in June 2007. Avalon owns a 15% working interest in the well. The well is operated by Tradestar Resources (TSRR.PK) Hot Springs, Arkansas. The well was perforated at approximately the 10,300 foot interval in the Roeder Sand (Wilcox Sand Series). The well was perforated with 6,000 feet of water fluid in the tubing to help prevent any extreme gas pressure blowing the perforation tools up the hole. The well has been flowing at an average rate of 250 MCF per day, along with 10 barrels of high grade condensate. "We are very pleased with the initial production from this well", stated Avalon CEO, Kent Rodriguez. At present the well is flowing into the sales line without the need of a gas compressor. It is anticipated that a small gas compressor will be required to maintain a consistent daily flow rate. This is to prevent the possibility of not being able to overcome the pipeline pressure being too high for the wells' natural flowing pressure to enter into the sales line. The Janssen # 1A has a gas sales contract that fluctuates monthly with the Houston Ship Channel price index. The liquid condensate will be sold at the monthly spot price for product in the regional Texas area. Avalon will receive its first revenue distribution in July for the hydrocarbon products sold from the Janssen #1A well. Total reserves are estimated to be 75,000 to 100,000 barrels of condensate and 3 to 4 BCF of gas (billion cubic feet of gas). The well is located in an area that is very active in gas and oil production. There are several nearby wells that produce natural gas in excess of over 1 million cubic feet per day. This well should produce revenues for many years to come. 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. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through its strategic partnership with UTEK, Inc, (ASE:UTK - News) a transfer technology company, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.6 7 avalon99-6r.txt PRESS RELEASE Exhibit 99.6 Avalon Oil & Gas Appoints Expert Advisor in Strategic Technology Investment Monday July 23, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News; "Avalon") announced the appointment of Dr. D. Bruce Merrifield as an expert advisor. Dr. Merrifield is currently President and CEO of Pridco Management, distinguished visiting Professor at Georgetown University, and Professor Emeritus of the Wharton School of the University of Pennsylvania, as a Chaired Professor of Innovation and Entrepreneurial Management. He is a former Vice President of Technology for the Occidental Petroleum Company and a Director of the Gas Technology Institute. Kent A. Rodriguez, Avalon's President and CEO, said "Avalon welcomes the senior leadership of Dr. Merrifield to help us realize the full market value of the company's investment in innovative energy technologies." Avalon's expansion into energy technology commercialization leverages Avalon's investment strategy to acquire and enhance oil and gas producing properties. Dr. Merrifield brings to Avalon his considerable expertise from an exemplary technology leadership career in both public and private sectors. He served as Assistant Secretary in the U.S. Department of Commerce for Technology and also Undersecretary for Economic Affairs in the Reagan Administration; where he was instrumental in Technology Transfer legislation to enable Federal research funding for private sector access. Under his leadership, the R & D Limited Partnership model for collaborative research (now known as the LLC) was created, along with Sematech and like consortia, Innovation Centers and New Business Incubators across the country. His Office created the Quality Productivity Award (which was later renamed the Baldridge Award), and various critical legislation to protect U.S. patents and intellectual property; foster technology commercialization and economic growth. Upon joining Avalon's advisory team, Dr. Merrifield commented "It is critical that our country pursues production enhancing technologies to move us toward energy independence. Avalon's strategy to bring promising innovations to market is important to foster our domestic energy industry's competitiveness in the long run." As an Advisor to Avalon, Dr. Merrifield's expertise in collaborative commercialization of emerging technologies will support development of its intellectual property assets encompassing solutions for paraffin wax mitigation, hazardous gas leak detection and intelligent reservoir mapping systems. Please see the company's website: www.avalonoilinc.com for additional information on Dr. Merrifield and Avalon's oil and gas production technology investments. Avalon Oil & Gas, Inc. is an independent oil and gas company engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. Forward-looking statements in the release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act 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 securities. Contact: Avalon Oil & Gas, Inc. Kent A. Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.7 8 avalon99-7.txt PRESS RELEASE Exhibit 99.7 Avalon Receives Paraffin Wax Patent for Enhanced Oil Recovery Monday August 13, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) announced to shareholders today that it received notice that the patent application for its paraffin wax mitigation technology, being marketed as Ultrasonic Mitigation Solutions(TM), has been granted by the U.S. Patent and Trademark Office. Avalon's innovative Ultrasonic Mitigation Solutions(TM) could save the oil and gas industry from losing billions of dollars per year with a cost efficient environmentally friendly method of removing paraffin wax problems in crude oil production. "The scope of the problem posed by paraffin wax and other heavy organic deposits in crude oil production around the world is massive," commented Kent Rodriguez, President and CEO of Avalon. A report by the Journal of Petroleum Science & Engineering from the University of Illinois estimates the total annual cost of paraffin wax build up in well-bores to be $18 billion. This represents a substantial potential market for enhanced oil recovery from Avalon's recently patented Ultrasonic Mitigation Solutions. This enormously expensive problem is caused when wax compounds precipitate out of the crude oil and cause blockages in well-bores, walls of production tubing and surface flow equipment. The deposits of paraffin lead to a fall in production rates of oil from the affected wells. "The estimated return on investment to producers is tremendous, especially when compared to the workover costs of a problem well, which could exceed $1,000,000 per well," added Rodriguez. Paraffin wax deposits in well-bores have resulted in substantial economic losses to oil producers around the world; including sites in North America, China, Mexico, Alaska, the North Sea, the Middle East, North Africa and Venezuela. Currently available solutions to this problem involve applying an array of chemical solvents to attack deposits and prevent build-up. Chemical solutions alone can create environmental liabilities and issues with disposal. In contrast, Avalon's Ultrasonic Mitigation Solution utilizes ultrasonic waves to break-up current deposits in the production tubing and prevent future formations of the wax molecules in an environmentally safe process. Moreover, with this process, oil producers are saved the cost and operational impact of repeated mechanical pigging operations and costly workovers. In July 2006, Avalon acquired the exclusive rights to the paraffin wax mitigation technology originally developed by researchers from the University of Wyoming, a noted technical center of expertise for solutions to the paraffin wax build-up. The company recently launched commercialization and partnership programs to support Avalon's Ultrasonic Mitigation Solutions product line. About Avalon Oil and Gas, Inc. Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of oil and gas producing properties. In addition, Avalon's technology group acquires and develops oil production enhancing technologies from early stage licensing partners. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc. Kent A. Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.8 9 avalon99-8.txt PRESS RELEASE Exhibit 99.8 Avalon CEO Proposes Spin-off of Energy Technology Company Thursday August 16, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc. (Avalon) (OTCBB:AOGN - News) President and CEO, Kent Rodriguez, today presented a proposal to the Board of Directors to create a wholly owned subsidiary with focus in oil and gas recovery technology. The proposal also outlined plans to spin off the technology subsidiary fully reporting OTCBB corporate entity, and issue a share dividend to common stockholders of Avalon. "The creation of a focused technology commercialization company will forward our strategy to add shareholder value through enhanced oil and gas recovery opportunities" said Kent Rodriguez, Avalon's President and CEO. "We recognized early on that global market conditions present an attractive investment opportunity for proven technologies which expand oil production efficiency in established fields" added Rodriguez. Avalon owns an asset portfolio of innovative energy production enhancing systems. The proposal would position the new company to market Avalon's portfolio of intellectual properties which optimize oil and gas production operations, and access capital via public markets. This technology portfolio includes: developments to mitigate paraffin wax deposits in well bores and oil production tubing; a system to detect hazardous gas leaks including small leaks in natural gas pipelines; and a system for intelligent drilling and completion sensors to provide real-time oil reservoir monitoring of subsurface information. Digital oilfield technologies are projected to boost world oil reserves by 125 billion barrels over the next 5 to 10 years. Avalon acquired the rights to it's Intelli-Well Technology from the Lawrence Livermore National Laboratory in November 2006 to capitalize on the digital oilfield boom. Avalon's patented technology for intelligent drilling and completions leverages data fusion to provide real-time information regarding the status of oil reservoirs; primary and secondary oil recovery processes and monitors critical parameters in the subsurface reservoir. Types of sensors employed by the system include seismic, electrical resistance tomography, electromagnetic induction tomography and thermocouples. The patent for Avalon's paraffin wax mitigation technology, Ultrasonic Mitigation Solutions(TM), was recently granted by the U.S. Patent and Trademark Office. Avalon acquired this technology in July 2006 from the University of Wyoming, a noted center for expertise in paraffin wax technology for oilfield applications. The system utilizes ultrasonic waves to break up deposits of paraffin wax in well-bores and oil production tubing. The system also prevents future formations of the wax molecules from clogging oil production operations in an environmentally safe and cost-effective process. Transport pipelines carrying hazardous gases are prone to costly and dangerous gas leak situations. Current methods of monitoring underground gas pipelines are costly and limited to the detection of very large leaks. Avalon's Leak Detection Technology provides reliable, cost-effective continuous monitoring of pipelines to detect small gas leaks before they reach a critical stage. Avalon's Leak Detection Technology was developed by scientists at Rensselaer Polytechnic Institute. Rights to market the field proven, commercialized system were acquired by Avalon in March, 2007. 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. In addition, Avalon's technology group acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.9 10 avalon99-9.txt PRESS RELEASE Exhibit 99.9 Avalon Board of Directors Approves Exclusive Licensing Agreement Monday August 20, 4:01 am ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc. (Avalon) (OTCBB:AOGN - News) today that it has executed an exclusive license agreement with Oiltek, Inc. (Oiltek), a Delaware Corporation formed in November 2006. The terms and conditions of the Exclusive Licensing Agreement provide for Avalon to receive approximately eighty percent (80%) or ten million shares (10,000,000) of the common stock in Oiltek, in exchange for cash and the rights to market Avalon's portfolio of intellectual properties. Oiltek anticipates the filing of a Form S-1 with the Securities and Exchange Commission on or before September 1, 2007, and will seek a listing on the OTCBB when the Form S-1 has been approved. "Licensing Avalon's technologies to a focused technology commercialization company forwards our strategy to add shareholder value through enhanced oil and gas recovery opportunities," said Kent Rodriguez, Avalon's President and CEO. "We are pleased to be able to offer Avalon shareholders of record a stock dividend, the record date is yet to be determined by the Board of Directors," added Rodriguez. The technologies licensed to Oiltek involve innovative energy production enhancements. These include the recently patented technology developments to mitigate paraffin wax deposits in well bores and oil production tubing using ultrasonic waves. Also licensed to Oiltek is a system to detect hazardous gas leaks in natural gas pipelines which provides reliable, cost-effective monitoring of pipelines to detect small gas leaks before they reach a critical stage. The third technology licensed to Oiltek is a system for intelligent drilling and completion sensors to provide real-time oil reservoir monitoring of subsurface information. Oiltek's business model streamlines technology commercialization and market development through a close network of aligned industry business partners. The company acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Avalon provides Oiltek with access to its oil and gas production resources to demonstrate the technology in current well stimulation and completion operations. Oiltek will leverage Avalon's network of industry partnerships with oil equipment service providers and system integrators to execute marketing and distribution agreements. 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. Avalon's technology group acquires and develops oil and gas production enhancing technologies. 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.10 11 avalon99-10.txt PRESS RELEASE Exhibit 99.10 Avalon Announces Purchase Leasehold in Noble County, Oklahoma Monday August 27, 4:01 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News) announced today that it has purchased a sixteen percent (16%) working interest in the Hughs #1, Noble County, Oklahoma. The tubing in the Hughs #1 is sanded in at 4694 feet in the Bartlesville Zone. "We will begin a work-over on this well immediately," said Kent Rodriguez, President and CEO of Avalon. "We plan to pull the rods and downhole pump, circulate the sand up the casing, and do a Xylean chemical treatment to remove any paraffin emulsion in the perforations," said Dave Geyer, President of Norman, Oklahoma based DRG Energy, Inc. "The Hughs #1 represents a significant revenue opportunity for Avalon. It was tested at 4MMcf per day when it was drilled and completed in 1988," said Rodriguez. "With substantial potential for proven reserves of oil and gas, the Hughs #1 is a great addition to our portfolio of properties," added Rodriguez. 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. In addition, Avalon's technology group acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.11 12 avalon99-11.txt PRESS RELEASE Exhibit 99.11 Avalon Board of Directors Approves Exclusive License Agreement Thursday August 30, 9:53 am ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc. (Avalon) (OTCBB:AOGN - News) announced today that on August 17, 2007 it entered into an Exclusive License Agreement with Oiltek, Inc. (Oiltek), a majority owned subsidiary, and also announced that it plans to spin-off the shares it owns in Oiltek to Avalon's shareholders on a date to be determined by Avalon's Board of Directors. The terms and conditions of the Exclusive License Agreement provide for Avalon to receive approximately eighty percent (80%) or ten million (10,000,000) shares of the Common Stock in Oiltek, in exchange for $50,000 and the rights to market Avalon's portfolio of intellectual properties. "Licensing Avalon's technologies to a focused technology commercialization company forwards our strategy to add shareholder value through enhanced oil and gas recovery opportunities" said Kent Rodriguez, Avalon's President and CEO. "We are pleased to be able to offer Avalon shareholders of record a stock dividend, with the record date yet to be determined by the Board of Directors," added Rodriguez. Oiltek is a majority owned subsidiary of Avalon which was incorporated in Delaware in November 2006 and focuses on oil and gas recovery technology. Oiltek anticipates the filing of a Form S-1 with the Securities and Exchange Commission prior to September 15, 2007, and intends to file for its shares to be quoted on the OTC Bulletin Board after the Form S-1 has been approved. The technologies licensed to Oiltek involve innovative energy production enhancements. These include the recently patented technology developments to mitigate paraffin wax deposits in well bores and oil production tubing using ultrasonic waves. Also licensed to Oiltek is a system to detect hazardous gas leaks in natural gas pipelines which provides reliable, cost-effective monitoring of pipelines to detect small gas leaks before they reach a critical stage. The third technology licensed to Oiltek is a system for intelligent drilling and completion sensors to provide real-time oil reservoir monitoring of subsurface information. Oiltek's business model streamlines technology commercialization and market development through a close network of aligned industry business partners. The company intends to acquire and develop oil and gas production enhancing technologies from early stage licensing partners. Oiltek's competitive position is further strengthened by access to Avalon's oil and gas production resources. Oiltek plans to use Avalon's leasehold properties to demonstrate and test Oiltek's proprietary technology capabilities to enhance current well stimulation and completion technologies and to expand production for independent exploration and production operators such as Avalon. As Oiltek's technology is demonstrated and refined in testing, Oiltek intends to leverage Avalon's network of industry partnerships with oil equipment service providers and system integrators to execute marketing and distribution agreements. 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. Avalon's technology group acquires and develops oil and gas production enhancing technologies. Through Oiltek, Avalon's majority owned subsidiary, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Those statements are subject to the risk factors and other information set forth in the Company's filings with the Securities and Exchange Commission. 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax: 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.12 13 avalon99-12.txt PRESS RELEASE Exhibit 99.12 Avalon to Present at International Investment Forum in Dusseldorf, Germany Friday September 7, 9:30 am ET DUSSELDORF, Germany--(BUSINESS WIRE)--Avalon Oil & Gas, Inc. (Avalon) (OTCBB:AOGN - News; FWB:A3MA.F) Avalon Oil & Gas, Inc., CEO, Kent Rodriguez, will present to international investors at the IAM Dusseldorf on September 7th - 9th at the Forum Theme Park Resources in the Messe Dusseldorf. For information on this premier event go to www.iam-online.de "We continue to take steps to introduce our company to the international investment community," said Kent A. Rodriguez, Avalon's CEO. "I am sure that our European shareholder base will increase as a result of our association with the Internationale Anlegermesse, and new investors will benefit from future developments of Avalon." Continuing, Mr. Rodriguez stated, "Avalon specializes in re-entering prematurely abandoned oil and gas wells, offering investors an opportunity to profit from higher oil and gas prices. Our growing list of properties is currently producing 16 barrels of energy a day." In addition to oil and gas production resources, Avalon also has a significant interest in innovative energy recovery technologies. The company recently announced an Exclusive License Agreement for its energy intellectual properties with Oiltek, Inc. (Oiltek(TM)), a majority owned subsidiary. The terms and conditions of the Exclusive License Agreement provide for Avalon to receive approximately eighty percent (80%) or ten million (10,000,000) shares of the Common Stock in Oiltek, in exchange for the rights to market Avalon's portfolio of intellectual properties. "Licensing Avalon's technologies to a focused technology commercialization company forwards our strategy to add shareholder value through enhanced oil and gas recovery opportunities" commented Kent Rodriguez. Oiltek is a majority owned subsidiary of Avalon which focuses on oil and gas recovery technology. Oiltek anticipates the filing of a Form S-1 with the Securities and Exchange Commission prior to September 15, 2007, and intends to file for its shares to be quoted on the OTC Bulletin Board after the Form S-1 has been approved. The technologies licensed to Oiltek involve innovative energy production enhancements. These include the recently patented technology developments to mitigate paraffin wax deposits in well boresand oil production tubing using ultrasonic waves. Also licensed to Oiltek is a system to detect hazardous gas leaks in natural gas pipelines which provides reliable, cost-effective monitoring of pipelines to detect small gas leaks before they reach a critical stage. The third Avalon technology licensed to Oiltek is a system for intelligent drilling and completion sensors which provides for real-time oil reservoir monitoring of subsurface information. Oiltek's business model streamlines technology commercialization and market development through a close network of aligned industry business partners. The company acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Oiltek's competitive position is further strengthened by access to Avalon's oil and gas production resources. Oiltek plans to use Avalon's leasehold properties to demonstrate and test Oiltek's proprietary technology capabilities to enhance current well stimulation and completion technologies and to expand production for independent exploration and production operators such as Avalon. As Oiltek's technology is demonstrated and refined in testing, Oiltek intends to leverage Avalon's network of industry partnerships with oil equipment service providers and system integrators to execute marketing and distribution agreements. 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. Avalon's technology group acquires and develops oil and gas production enhancing technologies. Through Oiltek, Avalon's majority owned subsidiary, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Those statements are subject to the risk factors and other information set forth in the Company's filings with the Securities and Exchange Commission. 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, +1-952-746-9655 Fax: +1-952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.13 14 avalon99-13.txt PRESS RELEASE Exhibit 99.13 Avalon Announces Purchase Leasehold in Noble County, Oklahoma Tuesday September 11, 9:30 am ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News; FWB:A3MA.F) announced today announced today that it has begun the workover on the Hughs #1, Noble County, Oklahoma. The tubing in the Hughs #1 is sanded in at 4694 feet in the Bartlesville Zone. "We have a pulling unit moving on the location later today," said Kent Rodriguez, President and CEO of Avalon. "We plan to pull the rods and downhole pump, circulate the sand up the casing, and do a Xylean chemical treatment to remove any paraffin emulsion in the perforations," said Dave Geyer, President of Norman, Oklahoma based DRG Energy, Inc. "The Hughs #1 represents a significant revenue opportunity for Avalon. It was tested at 4MMcf per day when it was drilled and completed in 1988," said Rodriguez. "With substantial potential for proven reserves of oil and gas, the Hughs #1 is a great addition to our portfolio of properties," added Rodriguez. Avalon owns a 16% working interest in the Hughs #1. 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. In addition, Avalon's technology group acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. EX-99.14 15 avalon99-14.txt PRESS RELEASE Exhibit 99.14 OTC Stock Review Issues Report On Avalon Oil & Gas, Inc. Monday September 17, 9:52 am ET ATLANTA, Sept. 17, 2007 (PRIME NEWSWIRE) -- OTC Stock Review announces that it has published an updated report on Avalon Oil & Gas, Inc. (OTC BB:AOGN.OB - News). Avalon Oil & Gas, Inc., headquartered in Minneapolis, MN, engages in the acquisition of oil and gas producing properties, while its technology group acquires and develops oil and gas production enhancing technologies from early stage licensing partners. The company is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various properties. Avalon Oil & Gas, Inc. management has quietly built up a growing oil and gas company. Oil's rapid rise from $69.00 a barrel less than a month ago has been propelled by falling domestic oil inventories and concerns about growing demand. Oil prices flirted with $80.00 a barrel as a production increase from OPEC failed to calm market concerns about the availability of supplies for winter in the Northern Hemisphere. Avalon Oil & Gas, Inc.'s Board of Directors announced plans to create a wholly owned subsidiary with focus in oil and gas recovery technology and spin it off as a fully reporting OTCBB corporate entity by issuing a share dividend to common stockholders of Avalon Oil & Gas, Inc. This technology portfolio includes: developments to mitigate paraffin wax deposits in well bores and oil production tubing; a system to detect hazardous gas leaks including small leaks in natural gas pipelines; and a system for intelligent drilling and completion sensors to provide real-time oil reservoir monitoring of subsurface information. Digital oilfield technologies are projected to boost world oil reserves by 125 billion barrels over the next 5 to 10 years. The complete report is available at http://otcstockreview.com/Files/AOGN/AOGN_Review.pdf. Additionally, more information on Avalon Oil & Gas, Inc. is available at http://www.avalonoilinc.com. NOTE: The purpose of this release is to introduce the reader to OTCStockReview.com and Avalon Oil & Gas, Inc. OTC Stock Review is not a Registered Investment Advisor or a Broker/Dealer. Information and opinions presented in this release are solely for informative purposes and not intended, nor should they be construed as, investment advice. This document contains information obtained from public sources about Avalon Oil & Gas, Inc., but does not contain all the relevant material information necessary to evaluate the company. This release is not to be considered an offer to buy, sell, hold, and/or otherwise trade in the securities of Avalon Oil & Gas, Inc., as profiled. Officers, directors, and employees of OTC Stock Review hold a long equity position in Avalon Oil & Gas, Inc. and may trade in these securities in the open market. Carefully review profiled companies with your investment advisor, stockbroker, or other such professional. OTC Stock Review is not liable for any investment decisions by its readers or their advisors. Readers are encouraged to obtain copies of the profiled Company's periodic reports filed with United States Securities and Exchange Commission, which are generally available at http://www.sec.gov. You can view our complete disclaimer at http://www.otcstockreview.com/disclaimer.htm. Contact: OTC Stock Review David Kugelman (866) 692-6847 dk@otcstockreview.com - ---------- Source: OTCStockReview.com; Avalon Oil & Gas, Inc. EX-99.15 16 avalon99-15.txt PRESS RELEASE Exhibit 99.15 Avalon Successfully Completes Workover on the Hughs # 1 Tuesday September 25, 4:11 pm ET MINNEAPOLIS--(BUSINESS WIRE)--Avalon Oil & Gas, Inc., (OTCBB:AOGN - News; FWB:A3MA.F) announced the workover on the Hughs #1, Noble County, Oklahoma, has been successfully completed. The workover to repair the damaged tubing and downhole pump, remove the paraffin wax build-up, and clean-up the perforations in the Bartlesville Zone was completed as planned. The well had flush production of two hundred (200) barrels of oil and is now producing six (6) barrels of oil per day and 10 MCF of gas. Avalon owns a 16.67% working interest in the well. Avalon and its working interest partners are evaluating other opportunities in the area around this property in Central Oklahoma. 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. In addition, Avalon's technology group acquires and develops oil and gas production enhancing technologies from early stage licensing partners. Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities at its various oil and gas 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. Contact: Avalon Oil & Gas, Inc., Minneapolis Kent Rodriguez, 952-746-9655 Fax 952-746-5216 - ---------- Source: Avalon Oil & Gas, Inc. -----END PRIVACY-ENHANCED MESSAGE-----