COFFEYVILLE, Kan., Dec 28, 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 received reserve results on its 160-acre Smith Lease property, located in Montgomery County, Kansas.

"The desorption results from Kune Laboratory have calculated 246.7 million cubic feet of gas in reserve," said Company President Larry Sanford. "Drill cuttings from two stratigraphic zones were captured in gas canisters to enable the lab to analyze the amount of gas in reserve."

"We are pleased with the reserve report and it underscores the opportunity we have chosen to focus on in Southeastern Kansas, where several Allenergy properties are owned and operated," Mr. Sanford concluded.

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.

SOURCE Allenergy, Inc.

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