SOURCE: Stock Market Alerts

January 08, 2008 09:45 ET

Aggressive Stock Alert: AOGN! January 8, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - January 8, 2008) - Stock Market Alerts' performance stock list includes: Avalon Oil and Gas Incorporated (OTCBB: AOGN), Gilead Sciences Inc. (NASDAQ: GILD), Genoil Incorporated (OTCBB: GNOLF).

Having reported last month a production increase of 69% over the previous quarter, Avalon Oil and Gas, Inc. (OTCBB: AOGN) should have the attention of investors looking to possibly benefit from the energy sectors! Monday after the markets closed, the company, an oil and gas investment company engaged in the acquisition of oil and gas producing properties, issued a press release announcing that that it has completed its first production run in the Lake Washington Field and received its check for sale of oil in December.

More good news for AOGN, as according to the press release, the first month's production run proved to be almost 40% higher than the company had projected. This increase in production, combined with much higher commodity prices, has increased the internal rate to over 35% on this recent portfolio acquisition.

Avalon acquired non-operated production in the Lake Washington Field in Plaquemines Parish, Louisiana, located about 60 miles south of New Orleans, effective November 1, 2007. The Lake Washington Field was discovered in the 1930s and is located around a shallow piercement salt feature. The press release states that since discovery, the field has produced approximately 350 million barrels of oil, putting it among the largest oil and gas fields in the United States.

Swift Energy Company, the operator of the property, reports replacing several of the oil storage tanks, during which time the field has been offline. As of the end of December, about 70% of the production was back online, with the remainder to return online shortly. Production levels are consistent with levels prior to the shutdown.

The company should have investors watching! "We are extremely pleased with the initial production returns from the Lake Washington Field, and with Swift Energy's operation of this property," said Avalon's President and Chief Executive Officer, Kent A. Rodriguez. "Avalon's team has broad experience developing oil properties in the region, and has maximized this opportunity to refine our asset base with high margin properties, while adding significant development drilling opportunities," added Rodriguez.

The Lake Washington acquisition substantially increases Avalon's daily production of oil and gas. Avalon holds approximately 0.7% working interest in 3 producing units that are currently making over 1000 barrels of oil per day. Avalon also acquired like interests in surface production facilities and two salt water injection wells in the transaction.

Before the news was released, the stock closed Monday at Thirty Eight cents a share.

For Stock Market Alerts' in-depth profile of Avalon Oil and Gas, visit

Other Stocks of interest yesterday were:

Gilead Sciences, Inc. (NASDAQ: GILD) up 3.9% on 9 million shares traded. Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company's mission is to advance the care of patients suffering from life-threatening diseases worldwide.

Genoil Inc. (OTCBB: GNOLF) up 10.3% on 689,000 shares traded. Genoil is an international engineering technology development company based in Alberta, Canada that develops innovative hydrocarbon, oil and water separation and marine technologies for the oil and gas and commercial marine industries.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Avalon Oil and Gas, Inc. (OTCBB: AOGN). The compensation is fifteen thousand dollars from third party, First Advisory LLC., who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

Contact Information