Avro to Recomplete N. Louisiana Wells

Avro has developed a plan to recomplete its wells in North Louisiana starting with the Caddo Levee Board #9 well.

The Company has a total of 22 wells in North Louisiana, of which 14 wells are on the Caddo Levee Board leases and expects the recompletion program to be completed in the near future.

Additionally, the Company has 11 wells in South Arkansas and will update as the work program progresses on these wells.

The Company expects to have a formal agreement for the purchase of three new wells in South Arkansas as soon as proper legal and title work is complete.