2009-03-26-2009-03-16-2009-03-16

Acquired additional working interests in East Chandler Field, Lincoln Co., OK.

Avalon Oil & Gas Inc., Minneapolis, (OTCBB: AOGN) has acquired increased working interests in the five-well East Chandler Field, Lincoln County, Oklahoma. Avalon has increased its working interest in the Grace wells as follows: in the Grace #1 to 42.125%; in the Grace # 2 to 30.5%; in the Grace #3 to 39%, in the Grace #5A to 40%, and in the Grace #6 to 34%. Avalon chief executive Kent Rodriguez says, "We are excited to have completed the purchase of these fractional working interests with a combination of cash and stock, and are actively seeking to increase our ownership in these wells over the next 30 days." Avalon has oil and gas assets in Louisiana, Texas, Arkansas, Kansas and Oklahoma.