Hibernia Resources manages AVD's US operations and acts as independent operator and adviser.
As well as performing the above role Hibernia Resources also provides office facilities and technical personnel to identify, screen, evaluate, negotiate and transact all acquisitions of producing properties, prospective acreage and other exploration and production ventures for the Company.
On closing of such purchases Hibernia Resources supervises
all operating activities and exploration activities, and provide
accounting and administrative services to AVD's fully owned
subsidiary Advance Exploration & Production, Inc
("AEPL").
Hibernia Resources may also act as the operator on projects in
which the AVD hold a Working Interest.

