Avery asset adjustments add additional areas

摘要

AVERY RESOURCES HAS ENTERED into an agreement with Australian companies Victoria Petroleum and Bow Energy for oil and gas exploration permit ATP 752P,divided into the Barta and Wompi blocks,located in the Queensland sector of the Cooper Basin.Avery has the opportunity to participate in up to five exploration wells to earn up to a 50% interest m both blocks,which have a combined area of 3878km~2.The company has already established projects in ATP 732P,PEL 113(Murteree block)and PEL 103(Aspen,South Candra and Turban blocks).