Avro Energy Puts 2 Wells On Production
September 4, 2009 (FinancialWire) — Avro Energy, Inc. (OTCBB: AVOE) announced that further to the company’s news releases related to the Hoss Holmes Lease near Hosston, Louisiana, the company has received confirmation from Donny Fitzgerald, the company’s director and Operations Manager, that two wells that had previously not been in production on the Hoss Holmes Lease, the Hoss Holmes No. 17 and Hoss Homes No. 21, were put on production on Wednesday, September 2, 2009.
The company has incorporated a wholly-owned subsidiary named Avro Recovery Services LLC in the state of Louisiana. Management of the company has identified an opportunity in the ArkLaTex region of Louisiana for oil recovery services as a complementary business to the company’s oil exploration and production in the region.
The company intends this subsidiary to be engaged full-time in the business of oil and gas environmental remediation, and will have the ability to clean up oil and hydrocarbon spills in the area. The company has identified this as a very profitable and complementary subsidiary to the company’s primary purpose of exploring and producing oil wells in the region.
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