Avalon Oil & Gas, Inc. Provides Corporate Update
GlobeNewswire - Thu Sep 17, 6:00AM CDT
Avalon Oil and Gas, Inc. (Avalon) (OTCQB:AOGN) today announced the company is current with its filings, having filed Form 10-K for the year ended March 31, 2015 on August 14, 2015 and its 10-Q for the quarter ended June 30, 2015 on September 10, 2015. June 30, 2015 financial highlights include an increase in shareholder equity to $1,943,854 and a reduction in debt to $204,300.
Avalon Oil & Gas Acquires Kensington Energy Assets
GlobeNewswire - Thu Nov 13, 7:02AM CST
Avalon Oil and Gas, Inc. (Avalon) (OTCBB:AOGN) today announced the acquisition of non-operated working interests in 22 oil and gas wells located in Caddo, Custer, Grady, Major, McClain, Pittsburg, Roger Mills, and Woodward Counties in Oklahoma; Crockett, Hansford, and Irion Counties in Texas; and Pope and Sebastian Counties in Arkansas. The properties were acquired with a combination of cash, debt and common stock. The properties have estimated reserves of 6,500 barrels of oil and 40,000 MCF of gas.