Avalon Oil & Gas, Inc. -
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Published on: 7/23/2007
Last Visited: 12/10/2008
MINNEAPOLIS, MN (PR Newswire) , July 23, 2007-- Avalon Oil & Gas, Inc., (OTCBB: AOGN) ("Avalon") announced the appointment of Dr. D. Bruce Merrifield as an expert advisor.
Dr. Merrifield is currently President and CEO of Pridco Management, distinguished visiting Professor at Georgetown University, and Professor Emeritus of the Wharton School of the University of Pennsylvania, as a Chaired Professor of Innovation and Entrepreneurial Management.
He is a former Vice President of Technology for the Occidental Petroleum Company and a Director of the Gas Technology Institute.
Kent A. Rodriguez, Avalon's President and CEO, said "Avalon welcomes the senior leadership of Dr. Merrifield to help us realize the full market value of the company's investment in innovative energy technologies."
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Dr. Merrifield brings to Avalon his considerable expertise from an exemplary technology leadership career in both public and private sectors.
He served as
Assistant Secretary in the U.S. Department of Commerce for Technology and also Undersecretary for Economic Affairs in the Reagan Administration; where he was instrumental in Technology Transfer legislation to enable Federal research funding for private sector access.
Under his leadership, the R & D Limited Partnership model for collaborative research (now known as the LLC ) was created, along with Sematech and like consortia, Innovation Centers and New Business Incubators across the country.
His Office created the Quality Productivity Award (which was later renamed the Baldridge Award), and various critical legislation to protect U.S. patents and intellectual property; foster technology commercialization and economic growth.
Upon joining Avalon's advisory team, Dr. Merrifield commented "It is critical that our country pursues production enhancing technologies to move us toward energy independence.
Avalon's strategy to bring promising innovations to market is important to foster our domestic energy industry's competitiveness in the long run."
As an Advisor to Avalon, Dr. Merrifield's expertise in collaborative commercialization of emerging technologies will support development of its intellectual property assets encompassing solutions for paraffin wax mitigation, hazardous gas leak detection and intelligent reservoir mapping systems.
Please see the company's website: www.avalonoilinc.com for additional information on Dr. Merrifield and Avalon's oil and gas production technology investments.