Avalon Oil and Gas, Inc. along with Blair Oil Company, Zacale Resources Company and Foy Streetman form a joint venture to acquire oil and gas producing properties in Oklahoma. Kent Rodriguez, Chief Executive Officer of Avalon Oil and Gas, said, "We are excited to enter into this joint venture; together our partners have over one hundred twenty-five years experience in the oil and gas industry."Kent Blair said, "We are seeing several acquisition opportunities for oil properties and dry and liquid gas properties through western and central Oklahoma."