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  #1  
Unread 06-16-2010, 10:28 PM
RAZOR11 RAZOR11 is offline
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AOGN Looks like it soing to explode!!

AOGN Looks like its going to explode in the am. Charts are showing this is going to pop with the MAC d line getting ready to cross the signal and the RSI line going into bullish territory. Also this is a nice low entry price at .006 imo this one could be trading back at .012-.015 or higher in no time at all. Lots of chatter about this one seeing news soon. Im hoping to see it in the am or by the close tmw. Remember to take your profits people!! All pigs will be slaughtered.Happy trading friends.. heres the latest news for ya.

Avalon Announces Results of First Phase of Workover in Lamar County, Mississippi

MINNEAPOLIS, May 26 /PRNewswire-FirstCall/ -- Avalon Oil & Gas, Inc., ("Avalon") (OTC Bulletin Board:AOGN.ob - News) announces it has completed the first phase of the workover of the Baxterville Field Prospect in Lamar County, Mississippi.. Avalon is purchasing an 18.75% working interest in the Baxterville Field Prospect from Bayside Petroleum Company, Inc. (Pink Sheets:BYSD.pk - News).The two hundred (200) acre leasehold contains three wellbores; two wells are equipped for production, and a salt water disposal well.

"We are excited to have completed the first phase of the workover of the Baxterville Field Prospect," said Avalon's CEO, Kent A. Rodriguez. "The salt water disposal well passed inspection. In addition a hot oil treatment to separate the oil and water in the three 200-barrel tanks was successful, and Plains Marketing completed a pick-up of oil. We plan to pull all existing downhole equipment, clean out the wellbore, run a gamma ray log, re-perforate the Upper Tuscaloosa zone, re-run tubing and test the flow rate for initial fluid entry rates on the Moody 31-9 #5, in the next few days," added Rodriguez.

The Baxterville Field spans over 13,000 acres, with more than 300 producing wells. The field has produced 262 million barrels of oil and 450 billion cubic feet of gas, primarily from the Tuscaloosa formation. The wellbores on the Baxterville Field Prospect have produced from the Lower Tuscaloosa Sand at a depth of 8,800 feet. The Tuscaloosa oil in this field has a very low gravity, around 17 API, and is produced with a large volume of salt water. The three wells have produced more than 500,000 barrels of oil and were producing 200 barrels of fluid, with a 5% oil cut, when they were shut-in in 2006.
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Unread 06-17-2010, 07:52 AM
GreenGiant GreenGiant is offline
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AOGN

Company Overview
Avalon Oil & Gas, Inc. (OTCBB: AOGN)

Avalon Oil & Gas, Inc., is an independent domestic oil and natural gas producer. The Company
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Unread 06-17-2010, 08:26 AM
stocksamongus stocksamongus is offline
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$AOGN (Avalon Oil Inc.) alerts are coming from every direction. RSI line indicating $AOGN is heading towards bullish territory here. We've seen this have big gains dating back to early May, reaching .014. So we know the play can fly. Yesterday we had major attention Vol 1,167,632 10D Ave Vol 876,989 so be prepared this week traders. It's estimated that U.S. drilling activity has hit a 21 year high so these type of plays are ripe for the taking.


Avalon Energy, Inc. (OTC:AOGN) New "Featured Report" , Watch @ .0058
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Unread 06-17-2010, 09:51 AM
GreenGiant GreenGiant is offline
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AOGN

AOGN is in the oil production industry and could be getting a lot of attention in upcoming days
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