Avalon Energy Corporation: Avalon Energy's LAK Ranch Oil Project - Update
8th Sep 2005, 16:27 GMT
BELLINGHAM, WA (MARKET WIRE) Avalon Energy Corporation (OTC BB: AVLN) reports an update on its 0.70% (.70 of 1%) proportionate, reducible, Gross Overriding Royalty interest in the LAK Ranch Oil Project located in Newcastle, Wyoming. This royalty interest equates to $0.42 per barrel based on a price of $60.00 per barrel for Avalon.
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