Avatar Energy Ltd. ("Avatar" or the "Corporation") (TSX VENTURE:AVG) announces
that it has received final approval from the TSX Venture Exchange with respect
to the sale of its working interest in properties located in the Pembina
Strawberry Creek for cash gross proceeds of approximately $1.8 million (the
"Transaction") less required adjustments. All closing and trust conditions with
respect to the Transaction have been satisfied or waived.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Avatar Energy Ltd.
Mr. Alan D. Jack, P. Eng
President & Chief Executive Officer
(403) 517-8818
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