Keep Avalon Oil and Gas, Inc. (AOGN.OB) on Radar
Avalon Oil & Gas, Inc. is an independent domestic oil and natural gas producer focused on leveraging efficient reservoir maintenance and innovative technologies to generate stable cash flows and production. By acquiring a portfolio of oil and gas leases to generate asset growth, the company aims to deliver a sustainable rate of return for their shareholders. Avalon currently owns working interests in Texas, Arkansas, Louisiana, and Oklahoma. Instead of engaging in exploration and drilling exploration wells, the company invests in underdeveloped properties with existing stable cash flows. This relatively low risk business strategy enables Avalon to realize almost immediate cash…