Allenergy Reports Successes Despite
Record Rainfall in Kansas
COFFEYVILLE, Kan., July 9, 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, today announced that
flooding in Kansas in June, as a result of record
breaking rainfall, prohibited the completion of its
aggressive plan for the month of activating 15 wells
into production on its newly acquired Bayless "B"
leases.
During the last four days of June, the Company
managed to put four wells, two oil and two gas, into
operation. The two gas wells, still in the de- watering
stages, will at the present rate provide an additional 2
million cubic feet of natural gas in July. This number
will increase significantly as the de-watering stage
progresses. The oil wells are hitting at the top of the
stroke (de-watering stage) and beginning to have a good
show of oil but not in measurable amounts at this time.
The remaining 15 wells will resume as soon as conditions
allow. The geology is evident and will produce for the
Company a banner month of record production figures.
Rex Horning Well Service (RHWS) has amassed a
tremendous backlog due to the weather. RHWS and
Allenergy's production people are in a 12 hour, 7 day
work schedule for as long as it takes to catch up on the
clients' needs and to grow the Company's substantial
production assets. RHWS is currently finishing a three
well service job for the Company in Creek County,
Oklahoma, near the town of Mannford. If Allenergy were
still relying on outside service contractors, these
three wells wouldn't be in their schedule for months.
After these wells are put on pump, RHWS will return to
the drying Southeast Kansas area to immediately move a
workover rig to the Bayless "B" leases and dispatch the
remaining rigs to service our awaiting clients.
"Our entire team at Allenergy has endured these
trying times, often ignoring their own personal losses,
helping in the communities affected, and we were still
able to prioritize limited opportunities to maintain
May's production throughout June," said Larry Sanford,
President.
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: Allenergy, Inc.: 1-877-277-8171 or Paul Knopick of E&E Communications, +1-949-707-5365, pknopick@eandecommunications.com
URL: http://www.allenergyinc.com
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