Avondale Resources to stabilize production on Cottonwood Unit
  by: OilOnline
  Thursday, October 19, 2006

Avondale Resources Corporation announced that extensive repair work has been performed on its Cottonwood unit which consisted of activating more wells and stabilizing production on the leasehold. The Company has tested certain wells and has now initiated a chemical treatment program that the Company believes will stabilize production and reduce the overall expense of repair work that would be required in the future. According to Tom McCord, President, “The Cottonwood unit is extremely important to our overall success. Reserve studies indicate we may have close to 1,000,000 barrels of recoverable oil in this 1800 acre leasehold. As capital allows we plan to re-work additional wells in this field and develop our other properties in Creek County, Oklahoma and Montgomery County, Kansas