Oil Plays (fka Oil-Gas)

[HonestInjun]

Avery up 30% on 3X volumne. Another one of them deals where 'location, location, location' is so important-( I also really like uranium plays with deposits in U.S.--feel there will be very large premium on them)-Oz has very little hydrocarbons.

I felt all along this play was very undervalued---which is why I posted it here----


"Avery Resources Announces Director Appointment and Filing of 2006 Second Quarter Results
Tuesday November 28, 5:49 pm ET


CALGARY, Nov. 28 /CNW/ - Avery Resources Inc. (TSXV:ARY) (the "Corporation" or "Avery") today announced that Ms. Judith Stripling of Calgary, Alberta has been appointed to the Board of Directors of the Corporation (the "Board"). Ms. Stripling fills the vacancy created by the recent resignation of Mr. Bradley Johnson from the Board.
"We look forward to the addition of Ms. Stripling's financial acumen to the Board as we continue to grow our international hydrocarbon exploration and production activities," said David Little, Chairman and CEO of Avery.

Judith Stripling is Executive Vice President and Chief Financial Officer of Midnight Oil Exploration Ltd., a junior oil and gas exploration company located in Calgary, Alberta, Canada. Prior thereto, Ms. Stripling was cofounder and Vice President, Finance and Chief Financial Officer of Midnight Oil & Gas Ltd., a predecessor of Daylight Energy Trust which spun out Midnight Oil Exploration Ltd. Before co-founding Midnight Oil and Gas, Ms. Stripling was Vice President, Finance and Chief Financial Officer of Ulster Petroleums Ltd., an intermediate oil and gas exploration company. Ms. Stripling is a Chartered Accountant and a current member of Financial Executives International. Ms. Stripling will serve on Avery's Audit Committee.

As well, the Corporation announced that the financial results for the second quarter ended September 30, 2006 have been filed. For a complete copy of the results please visit www.sedar.com or the Corporation's website at www.averyresources.com.


Highlights of the second quarter ended September 30, 2006 include:

- Earnings of $655,762 or $0.01 per share compared to a loss of
$(313,148) or $(0.02) per share in the quarter ended September 30,
2005.
- Funds flow from operations of $969,258 compared to $(250,584) in the
same period in 2005.

About Avery
Avery Resources is an international hydrocarbon exploration and production company based in Calgary, Alberta. The Company is committed to growing shareholder value through international acquisitions and exploration in countries that provide significant exploration upside coupled with favorable fiscal and legal systems. Avery's primary interest is in Australia, where the Company is building a significant presence through production, partnerships, drilling and acquisitions. Avery is focusing its current drilling activity in the Cooper Basin region of Australia.

Disclaimers

Except for statements of historical fact, all statements in this press release, without limitation, regarding new projects, acquisitions, and future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.


The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.


For further information

Avery Resources Inc., David Little, Chairman & CEO
Richard Edgar, President, [phone], Email: [e-mail], Website: www.averyresources.com
Iradesso Communications Corp., Ken Wetherell, Investor Relations, [phone] x224, Email: [e-mail]