Allenergy, Inc. Outlines 2007 Strategic Goals and Objectives

COFFEYVILLE, Kan., Dec 01, 2006 /PRNewswire-FirstCall via COMTEX/ -- Allenergy, Inc. (OTC: ALRY), with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, announced today its strategic focus in 2007 will be on areas of these states believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths.
"The value of this natural gas is calculated in the billions of dollars. We are pleased that Allenergy, which is now a profitable operator of a diversified portfolio of mid-continent producing properties, has a significant strategic focus on assets in Southeastern Kansas and North Central Oklahoma, where we hold more than 5,000 acres under lease," said Company President Larry Sanford.

"Our core business as an oil and gas producer has led us to concentrate on Montgomery and Chautauqua Counties in Kansas, where we have more than 2,000 acres and 40 wells, and on Creek, Logan and Okmulgee Counties in Oklahoma, with 3,000 acres and more than 60 wells," added Mr. Sanford. "This focus will continue with a vigorous effort to secure other leaseholds in these and surrounding counties in Kansas," he stated.

"With our strong, experienced and professional staff we will continue to prioritize our opportunities to enable Allenergy to keep building its position in the oil and gas industry for the benefit of the Company and its shareholders," Mr. Sanford concluded.

For more information about the Company, please visit http://www.allenergyinc.com.

Allenergy, Inc.: 877-277-8171

E&E Communications: Paul Knopick (949) 707-5365
pknopick@eandecommunications.com


SOURCE Allenergy, Inc.
Paul Knopick of E&E Communications, +1-949-707-5365, pknopick@eandecommunications.com, for Allenergy, Inc.

URL: http://www.allenergyinc.com
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