Avalon Announces Research Report Update by Grass Roots Research and Distribution, Inc.
MINNEAPOLIS, July 12, 2011 /PRNewswire/ -- Avalon Oil & Gas, Inc. ("Avalon") (OTCQX: AOGN, OTCBB: AOGN), an independent oil and gas production company, today announced that Grass Roots Research and Distribution, Inc., www.grassroots.com has updated their August 2010 Research Report.
About Avalon Oil & Gas, Inc. Avalon Oil & Gas is an oil and gas company engaged in the acquisition and development of producing oil and gas properties. In addition, Avalon's technology group acquires and develops energy production enhancing technologies. Through Oiltek, Inc., Avalon's majority-owned subsidiary, Avalon is building an asset portfolio of innovative technologies in the energy industry to maximize enhancement opportunities. To learn more about Avalon and view the Grass Roots Research Report, please visit: www.avalonoil.com.
About Cohen Research: The Cohen Research brand name is the worldwide Gold Standard for micro cap/small cap research. Cohen Research has raised the art of fundamental securities research by forecasting the three statements and valuing all of its companies in three cases over a five year time period. Cohen Research distributes in-depth stock market research reports that highlight the company's market opportunity, technology, management, competition and other key differentiators that may affect their short and long term valuation. www.cohenresearch.com
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Avalon Oil & Gas, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, please visit the company's website at www.avalonoil.com.
SOURCE Avalon Oil & Gas, Inc.
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