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Avenue Group Inc.: Avenue Group Signs Agreement to Drill up to 10 Wells in West Virginia, Appalachian Basin

Wed, 18 Oct 2006 6:14:00 PDT

NEW YORK, NY (MARKET WIRE) Avenue Group, Inc. (OTCBB: AVNU) announced today that its wholly owned subsidiary Avenue Energy, Inc. ("Avenue") has signed an agreement with Drilling Appalachian Corporation, ("DAC") to participate in the drilling of up to 10 gross wells in the Appalachian Basin.

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