Avalon Oil & Gas, Inc. (AOGN.OB) Has Numerous Oil & Gas Properties – Part 3
Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company’s strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production from a portfolio of oil and gas lease properties in Texas, Oklahoma, Louisiana and Arkansas. Here is a brief overview of the rest of Avalon Oil & Gas properties: Avalon has a 10% working interest in the New Diana Field, which is located in Upshur County, Texas. The property consists of thirteen wellbores, which include six producing oil wells, three salt water disposal wells and four shut-in…