Avalon owns an undivided 15% Working Interest in this prospect. Other working interest partners include Tradestar Resources of Hot Springs, Ark., Bedford Energy of Oklahoma City, Okla., and Penasco Petroleum of Austin Texas. Proex Energy Management will be the operator of the well.
Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of oil and gas producing properties. In addition, Avalon's technology group acquires and develops oil production enhancing technologies.
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