AVG Avidian Gold Corp

Avatar Energy Ltd. ("Avatar" or the "Corporation") (TSX VENTURE:AVG) announces
that it has entered into employment agreements with its three executives, Mr.
Alan D. Jack (President and Chief Executive Officer), Mr. Gerald Wendland
(Executive Vice President) and Ms. Lorie Hynes (Chief Financial Officer) to
confirm their terms of employment. The agreements have been approved by the
independent directors of the Corporation and provide for aggregate annual base
compensation for the three executives of $355,000. Notwithstanding the entering
into of the employment agreements, no amounts are currently being paid by the
Corporation to the executives as a result of certain undertakings provided to
the TSX Venture Exchange in connection with the Corporation's Qualifying
Transaction in November 2010 that provide that no amounts will be disbursed in
respect of certain executive salaries by the Corporation until the earlier of
such time that the Corporation has completed two consecutive quarters of
positive cash flow from operations or twelve months from the original listing of
the Corporation's shares on the TSX Venture Exchange.


Avatar is an emerging junior oil and gas company with production in Alberta. The
Corporation's area of focus is on properties in the Pembina Cardium light oil
play that have long life high quality reserves with repeatable drilling upside.

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