Avery Resources Advances Plans for Innamincka Partnership

CALGARY, Oct. 18 /CNW/ - Avery Resources Inc. (TSX-V: ARY) today announced that its wholly-owned Australian subsidiary, Avery Resources (Australia) Pty. Ltd., has advanced plans for exploration of the Turban Block, a 46 square kilometre area in the eastern part of PEL 103, which lies in the South Australian sector of the Cooper Basin. The Turban Block (PEL 103 T) covers a large part of the northwestern flank of the regional Innamincka High feature, immediately updip from the Flax / Juniper oil field. Avery's PEL 103 partner, Innamincka Petroleum, has recently reported that its successful Flax East 1 well confirms that the Juniper oil discovery and the producing Flax oil field are connected, forming what may prove to be one of the largest onshore oilfields in Australia spanning 120 square kilometres of surface area. Avery plans to earn a 35% interest in the Turban Block by contributing to the cost of a 3D seismic survey in the second quarter of 2008, and drilling of the Turban 2 well is planned shortly thereafter. Avery is targeting oil that is structurally higher and on the east side of a fault that separates it from the Flax / Juniper pool.

Avery also has the opportunity to earn a 25% interest in the South Candra Block (PEL 103 SC), located centrally between the Acrasia, Reg Sprigg and Flax/Juniper oil fields, by contributing to the funding of a well in 2008. Processing of 3D seismic data over a large portion of the block has been completed and interpretation by the operator has commenced.

Avery has earned a 25% interest in the southern Aspen Block (PEL 103 A). This area, with several wells that had strong oil shows, is currently being assessed for its suitability for 3D seismic acquisition.

This press release featuring a map of PEL 103 and the surrounding area is available at www.averyresources.com.

About Avery

Avery Resources is an international junior oil and gas exploration company based in Calgary, Alberta that trades on the TSX Venture Exchange under the symbol ARY. The Company is committed to growing shareholder value through international acquisitions and exploration. Avery's primary interest is in Australia, where it is building a significant presence through partnerships, drilling and acquisitions. Avery is planning to drill up to ten wells over the next year.

Forward looking statements: Except for statements of historical fact, all statements in this press release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.

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