Allenergy Obtains Bayless 'B' 600 Acre Project

COFFEYVILLE, Kan., May 7, 2007 /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, is pleased to announce the finalization of the Bayless "B" project located in Montgomery and Chautauqua counties, Kansas. This 600 acre project is situated on the east slope of the Longton Anticline and is contiguous to the Company's 480 acre Ball and the 960 acre Dark Treasures projects.

"The Bayless "B" project was vigorously sought after by other oil and gas companies. However, Mr. Bayless said he wanted Allenergy to obtain these 600 acres because of how quickly we get things accomplished," said Larry Sanford, President.

"This project contains 20 wells with two disposals and fully equipped to enable Allenergy to be producing within hours after the electric meters are in service. We certainly won't have a scheduling problem for a workover rig if and when we need one," Mr. Sanford said.

One determining factor that met the criteria that Allenergy requires in its due diligence is that numerous untested zones are available. The Company strongly believes that the Bayless "B" will be a more prolific producer than either the Ball or the Dark Treasures projects because of the higher geological structures that have been identified in a geologist report. The report is not being released because it contains confidential information on other properties Allenergy is considering.

"We are very pleased with our growth and the future we are developing for our Company and its investors," Mr. Sanford concluded.

About Allenergy: Allenergy, Inc. (OTC: ALRY) is strategically focused on areas of Kansas and Oklahoma believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds approximately 5,500 acres of leased land with over 100 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.

Allenergy, Inc.: 877-277-8171.

SOURCE Allenergy, Inc.

CONTACT: Paul Knopick of E&E Communications,

+1-949-707-5365, pknopick@eandecommunications.com

URL: http://www.allenergyinc.com

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