CALGARY, Dec. 19 /CNW/ - Avery Resources Inc. (TSXV:ARY) announces today that the Pine-1 well in PEL-103, Queensland, Australia was drilled to a total depth of 2,687 metres. The operator, Innaminicka Petroleum, tested the Tirawarra Sandstone and confirmed the presence of hydrocarbons, however the log interpretations indicated a non-reservoir quality formation. The well will be plugged and abandoned. The Pine-1 well was the first of a two well programme scheduled with Innamincka on the South Candra block of PEL 103. Including the second South Candra well, Avery plans to drill approximately 8 exploration wells in Australia in 2006. The company has access to over 1.5 million acres of land in the Cooper Basin, where it has identified numerous drilling locations with the potential for significant oil discoveries. Avery Resources Inc. is an international junior oil and gas exploration company based in Calgary, Alberta that trades on the TSX Venture Exchange. The company is committed to growing shareholder value through international acquisitions and exploration. Avery's primary interest is in expanding exploration projects in oil and gas basins located in countries that provide significant exploration upside coupled with favourable fiscal and legal systems. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00003559E