(Source: Recon Technology Ltd) BEIJING,July 2, 2013/PRNewswire-Asia / -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a leading Chinese non-state-owned oilfield services provider, today announced the purchase of 2,800,000 shares of Avalon Oil and Gas, Inc. ("Avalon") (OTCBB: AOGN). After this investment, Recon owns 32.22% of Avalon's outstanding shares. Avalon is an independent US domestic oil and natural gas producer...
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