Avalon Announces Recon Technology, Ltd. Investment
July 09, 2013 Avalon Oil and Gas, Inc. (Avalon) (OTCBB: AOGN) today announced that Recon Technology, Ltd, (Nasdaq: RCON) ("Recon") a leading Chinese non-state-owned oilfield services provider, has purchased 2,800,000 shares of Avalon's common stock. After this investment, Recon will own 32.22% of Avalon's outstanding shares.
AVALON ENTERS INTO JOINT VENTURE TO ACQUIRE OKLAHOMA OIL AND GAS PROPERTIES
April 18, 2012 Avalon Oil and Gas, Inc. (Avalon) (OTCBB: AOGN) announced the formation of a joint venture to acquire oil and gas producing properties in Oklahoma, with Blair Oil Company, a Kingfisher, Oklahoma, based independent oil and gas producer; Zacale Resources Company, an Edmond, Oklahoma, based petroleum land management company; and Foy Streetman, a Chickasha, Oklahoma, based independent oil and gas producer.
AVALON PRESENTS TO EUROPEAN PRIVATE-EQUITY GROUP
March 12, 2012 Avalon Oil and Gas, Inc. (Avalon) (OTCBB: AOGN) announced it has delivered a company presentation last week to a business forum of the German private investment group, UFM e.V.(www.ufm-ev.de). This investor group is based in Starnberg, Germany. UFM e.V. has a successful history of raising debt and equity capital from its investor network for financing innovative growth companies.
AVALON LAUNCHES SOCIAL MEDIA PRESENCE
March 07, 2012 Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN) announced the launch of a social media marketing campaign to strengthen its communications programs. With Alpha Exclusive’s communications services, the company will engage a combination of social media channels, including YouTube, Twitter, Facebook, LinkedIn and WordPress to provide information on company initiatives and reach out to potential investors.
Avalon Oil & Gas June 30, 2011 10-QSB Shows Improved Financial Results
August 15, 2011 Avalon Oil & Gas, Inc., ("Avalon") (OTCQB: AOGN) an independent oil and gas production company, released its 10QSB on August 15, 2011. Total assets increased to $2.7 million, shareholder equity increased to $1.04 million, and our cash balance as of June 30, 2011 was over $141,000. The net loss for the quarter decreased 66% to $89,000.
Avalon Announces Application for OTCBB Listing
July 11, 2011 Avalon Oil & Gas, Inc., (“Avalon”) (OTCQX: AOGN) today announced that the Company has applied for the listing of its shares on the OTC Bulletin Board (OTCBB). Market maker ACAP Financial, Inc., (ACAP) filed the application for Avalon with the Financial Industry Regulatory Authority (FINRA).
Avalon Provides Shareholder Update on Grace Field Production and the Fossiltek Acquisition
March 08, 2011 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F)provided an update on operations in the East Chandler Field, Lincoln County, Oklahoma, and the acquisition of the Fossiltek, Inc., assets.
Avalon Files Amended S-1 Registration
October 20, 2010 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F)announced today that its majority-owned subsidiary, Oiltek, Inc., has filed a seventh amendment to the Form S-1, in which it responded to comments received from the Securities and Exchange Commission (SEC).
Avalon Acquires a Portfolio of Oil and Gas Producing Properties in Western Oklahoma
September 16, 2010 Avalon Oil & Gas, Inc., (“Avalon”) (OTCBB: AOGN / FWB: A3MA.F) is pleased to announce that it has entered into a Letter of Intent with Fossiltec, Inc., to purchase non-operating working interests in five (5) producing oil wells and thirty-three (33) producing gas wells, for a combination of cash and newly issued common stock.
Avalon Oil & Gas, Inc. Announces that René Haeusler has joined its Board of Directors
August 19, 2010 Avalon Oil & Gas, Inc., (Avalon) (OTCBB: AOGN) is pleased to announce the addition of lic. phil. René Haeusler to its Board of Directors.