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Avalon In Talks To Buy Okla. Anadarko Basin Assets

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March 8, 2011

Avalon Oil & Gas Inc. (OTCBB: AOGN) is currently negotiating a purchase agreement and sale agreement and a joint operating agreement for certain Fossiltek Inc. assets in western Oklahoma for an undisclosed price. 

The deal involves the purchase of a non-operating working interests in five producing oil wells and 33 producing gas wells in the Anadarko ...

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