Avalon Oil & Gas, Inc. reported earnings results for the first quarter ended June 30, 2013. The company reported net loss attributable to common shareholders for the first quarter ended June 30, 2013 was $183,517, or $0.027 loss per share, compared to a net loss attributable to common shareholders of $212,366, or $0.065 loss per share, for the same quarter ended June 30, 2012. Oil & gas sales for the first quarter ended June 30, 2013 were $19,068, compared to $23,288, for the same quarter ended June 30, 2012.

Operating loss for the first quarter ended June 30, 2013 was $136,788, compared to an operating loss of $153,574, for the same quarter ended June 30, 2012.