All Energy, Inc. - Oil/Exploration and Development and Acquisition of Oil and Gas Properties

Allenergy Equips Two More Wells on Its Ball Lease Property in Kansas

COFFEYVILLE, Kan., Dec 20, 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 that it has equipped two additional wells on its Ball Lease property, part of the Company's 960-acre AE Project Four.

"These two wells are in the Weiser Formation, a rich, oil-bearing sand section of our Ball Lease," said Company President Larry Sanford. "We have equipped the wells with rods, tubing, downhole production pumps and pumping units. The installation of electric lines and flow lines to the tank battery will commence this week as well."

"There's a third well that we have targeted as an equal possibility for enhanced production, which could also be put on pump by the end of the year, weather permitting," Mr. Sanford stated.

Allenergy also announced that negotiations for the Central Kansas Uplift Project in Rush County have been terminated following due diligence. The Company reiterated its strategic focus on Southeastern Kansas, where its existing oil and gas properties and holdings, including the Ball Lease, are concentrated in Montgomery County. "We want to ensure that our emphasis remains on currently-producing properties with cash flows that provide attractive returns to Allenergy's investors and shareholders," Mr. Sanford said.

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.

Allenergy, Inc.: 877-277-8171.

E&E Communications Paul Knopick, (949) 707-5365

pknopick@eandecommunications.com

SOURCE Allenergy, Inc.

Allenergy, Inc. - URL: http://www.allenergyinc.com

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