Company Overview: Avenue Group, Inc.

Avenue Group, Inc. (OTC BB:AVNU.OB - News) is engaged in the exploration and development of oil and gas reserves. Its strategy is to acquire a portfolio of oil and gas assets that include low risk oil and gas reserves internationally and the generation of low risk drilling opportunities in Appalachia and similar basins in the US. Avenue Group, through is subsidiary Avenue Energy Israel LTD, is the license holder of the Heletz-Kokhav field, the most prolific oil field discovered in Israel. Heletz-Kokhav has produced in excess of 17.2 Million barrels. Avenue is also the General Partner of Avenue Appalachia 2006-LP engaged in an ongoing 10 well program in West Virginia.

Quick Facts

Line of Business: Oil and gas exploration
Ownership: Public