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AVOE – Oil is up today – AVOE was up 51% yesterday and AVOE looks ready to run again.

Hi Subscriber,

 

AVOE rallied 400% last month and PSC is looking for another strong move from the stock well into June.  The oil market has been set up for a nice rebound which should come when the USD retreats after the Eurozone crisis alleviates.

http://www.cnbc.com/id/37346491

AVOE started the most recent run yesterday by climbing 51% to .2502.  The stock is well above the 50 moving day average of .15 and looks headed to the 200 day moving average of .456.

Allotccbb.com sees a .48 target on AVOE which would give members a 52% return from these levels.

We got news from AVOE yesterday and we expect more updates from AVOE which should push this rally FWD and get the stock price past .50.

Avro Energy Acquires Two New Oil Leases in South Arkansas

2010-05-25 13:51 ET - News Release

VIVIAN, La., May 25, 2010 (GLOBE NEWSWIRE) -- Avro Energy, Inc. (OTCBB:AVOE) is pleased to announce that it has acquired two new oil leases in the vicinity of its current production in South Arkansas. With this acquisition, the Company has acquired two new wells; the Bette No. 1 and the Bette No. 2.

The Company is excited about this recent acquisition, and continues to concentrate its efforts in the South Arkansas area.

Further to the Company's news release dated May 12, 2010, with respect to the right of first refusal on the property south of Shreveport, Louisiana, the Company is continuing to review well log and production data from these wells. The Company has also asked for compression data in regards to pipeline transmission so that it might be able to determine pipeline capacity in regard to perforating other zones of interest in these wells.

About the ArkLaTex Oil-Producing Region

The ArkLaTex is a U.S. socio-economic region where Arkansas, Louisiana, Texas, and Oklahoma intersect. The region is centered on the Shreveport/Bossier metropolitan area in Northwest Louisiana. The region's history is heavily linked with the oil industry. The geology associated with the deposition of sediments from the Mississippi River, in particular, makes this area an abundant source for the oil and gas industries, which leads to the high levels of oil production within the region.

About Avro Energy, Inc.

Avro Energy Inc. is an independent energy company engaged in the acquisition, exploration and development of oil and natural gas properties, and providing oilfield services, primarily in the ArkLaTex region of North America. Avro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent low risk opportunities for the Company and its shareholders. In addition, Avro aims to seek larger projects that can be developed and produced with Joint Venture partners, with the eventual goal of becoming a junior oil and gas company. 

More information about the Company is available at its corporate website at http://www.avroenergy.com. Alternatively, shareholders can call the Company directly at 318-734-4737 or send an email to info@avroenergy.com.  

CONTACT: Avro Energy Inc.

         Donny Fitzgerald, Director

         Louisiana number: 318-734-4737

         info@avroenergy.com

         www.avroenergy.com

Please remember to do your due diligence on AVOE.

 

Please remember to do your due diligence
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