Avalon Oil & Gas, Inc. (AOGN.OB) Poised to Benefit from Rising Oil Prices
According to the Department of Energy’s Office of Fossil Energy, the United States has more than 43 billion barrels of oil from stranded oil reserves and mature oil and gas wells. The key for any oil and gas producer looking for the next successful venture is knowing where to look and having the expertise, crew and equipment to tap into these reserves. The demand for crude oil, natural gas and petroleum-based products continues to soar, with the United States, China and India leading in the cry for more energy. While many markets face downturn in the midst of a recession,…