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PAVILION ENERGY RESOURCES INC.: Pavilion Energy Resources, Inc. (OTC: PVRE) New Onshore Producing Energy Assets

^{Published on 2009-07-20 13:10:20, Last Modified on 2009-07-20 13:10:28 - Market Wire}
 

BEVERLY HILLS, CA--(Marketwire - July 20, 2009) - Pavilion Energy Resources, Inc. (PINKSHEETS: [ PVRE ]) (the "Company") announces that as part of its growth strategy to secure income producing energy assets, PVRE is now finalizing arrangements to acquire its first income-producing US onshore oil-gas wells and reserves.

More details will be provided over the coming weeks as the due-diligence is completed and the transactions move forward.

ONSHORE OIL-GAS PRODUCTION

PVRE is an independent oil and gas company which is positioning itself to generate earnings from energy production. The Company's goal is to achieve short-term profitability from acquiring and producing onshore, quality light and heavy oil properties that are either cashflow positive or near cashflow positive.

Please visit: [ http://www.pavilionenergyresources.com ]

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks associated with resource exploration risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect PVRE's financial results is included in its filings with the Securities and Exchange Commission.