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Allenergy, Inc. Announces Drilling Two
New Wells in Southeastern Kansas
INDEPENDENCE, Kan., Oct 09, 2008 /PRNewswire-FirstCall
via COMTEX/ -- Allenergy, Inc. (Pink Sheets: ALRY), an
independent oil and gas producer focused on Southeastern
Kansas, today announced that the Company has drilled two
new wells, completing one and completing a previously
drilled well within the last nine days.
Allenergy's G4-20 was drilled to the Redd sand formation
located on the Longton Anticline in Chautauqua County,
Kansas. The G4-20 logged 24' of high porosity Redd sand
which is 10' of more pay sand present than in any other
well drilled on the Anticline. This zone showed an
average of 27% porosity throughout the 24' of pay zone.
A typical sand frac will generally yield approximately
30%. With the natural porosity being high, Allenergy
elected to do an acid ball drop under pressure and not
to frac at this time. The results of the acid job was
greater than expected as the well was pumping oil, gas
and water to the tank battery late Wednesday, October 8.
The decision was made to run casing and cement the
Roper-Kelso well that was drilled this summer. Expecting
less volume from the marginal pay zone, the Company
"slim holed" the well, which is far less expensive than
the 41/2' completion method. Again Allenergy opted to do
an acid job and put the well on pump. After running the
production string, the Company long stroked the well
with its pulling unit recovering the acid fluid. Oil and
gas was immediately present. The well will be put on
pump by this Friday, October 10, and will be pumping oil
for the Company's 100% working interest in the Kelso
lease located in Montgomery County, Kansas.
Allenergy drilled the Bane #1-A well located in
Chautauqua County, Kansas last week. Its primary
objective was to drill to the Wayside formation. After
logging the Wayside, it was determined that it was not
developed enough to set pipe and complete. However,
Allenergy did set pipe in the Big Salt formation to
complete a much needed salt water disposal well. "The
Company is currently designing a water flood program for
the secondary recovery of the Wayside formation and
gathering the geology to determine the next drilling
site," said Larry Sanford, CEO.
About Allenergy: Allenergy, Inc. (Pink Sheets: ALRY -
News) is an independent energy company strategically
focused on Southeastern Kansas where it currently holds
more than 2,700 acres of leased land with more than 150
oil and gas wells on its producing properties.
For more information about the Company, please visit
http://www.allenergyinc.com
Note: Certain statements in this news release may
contain "forward looking" information within the meaning
of rule 175 under the Securities Act of 1933 and Rule
3b-6 under the Securities Act of 1934 and are subject to
the safe harbor created by those rules. All statements,
other than statements of fact, included in this release,
may include forward-looking statements that involve
risks and uncertainties. There can be no assurance that
such statements will be accurate and actual results and
future events could differ materially from those
anticipated in such statements.
Contacts: Larry Sanford
Lsanford2@aol.com
Allenergy, Inc.: 620/331-9992
E&E Communications Paul Knopick, (949) 707-5365
pknopick@eandecommunications.com
SOURCE Allenergy, Inc.
URL: http://www.allenergyinc.com
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