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Did they drill the 15 wells? When were they going to drill the 15? How are all of these wells doing?
INDEPENDENCE, Kan., Jan 31, 2008 /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 said it is proud to report that it has completed the drilling of the third new well in the month of January. "We have drilled five of the fifteen wells of our drilling campaign with a 100% success rate and are more than pleased with the initial results," said Larry Sanford, President.
The first well drilled in January was G4-21 with pipe set in the Weiser Sand. Open hole logs showed excellent porosity in both the Redd and Weiser formations. G4-21 has been perforated, acidized and sand fraced and is ready for production equipment to be installed.
The second well drilled was the G4-19 also drilled to the Weiser Sand. The open hole logs in the Weiser appeared not to be as productive compared to the logs from our other new wells. However, the Redd Sand showed considerably better porosity than Allenergy's discovery well G4-15 660' to the Northeast. While drilling this well the Company encountered oil in the pits and samples saturated with oil. Mr. Luther Park, consultant, said that "this well shows that we are near or in the middle of the Redd Sand channel. Well # G4-20, when drilled, should prove this theory."
Plans are to perforate G4-21 and the Ball #1 test well will begin in February.
Well Ball #1 test well is the third well drilled in January. The previous four wells drilled showed in the logs a shallow gas zone with excellent porosity and no water. This could be the upper Layton as found in the Moore TM-1 well located in the Dark Treasures project but has not been identified as such. Ball #1 was drilled in between G4-17 and G4-21 where the best porosity showed on the logs.
Allenergy is currently interviewing people with experience to ensure that the Company's projections are obtained and possibly exceeded. "The revenue derived from Allenergy's aggressive drilling campaign will in part, expand our business plan that we have been following closely since 2005," Mr. Sanford said.
Is the Bid really .03 and the Ask .033?
For ALRY they need investors, that is true! Everyone knows that it would only take 1 PR from Rex or Larry!
Allenergy Inc. Says Rex Horning Well Service Both Saves It Money and Allows for More Efficient Completion of New Wells and Rewor
INDEPENDENCE, Kan., May 20 /PRNewswire-FirstCall/ -- 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 a savings of $271,000, that otherwise would have been spent with outside contractors, due to the work of Rex Horning Well Service, which Allenergy purchased in April 2007.
"We purchased Rex Horning Well Service to add additional revenues to the Company and reduce the waiting period on outside contractors scheduling. As the price of oil continues upwards, the decision was made to initiate our drilling campaign and well workover sooner than planned. In the best interest of the Company, RHWS concentrated all its efforts for reworking wells and the completion of new wells," said Larry Sanford, President.
"Having Rex Horning as part of Allenergy has meant that newly drilled wells were completed to production stage in a timely fashion without any down time waiting on outside contractors. The dry season here is nearing and we have plans to take advantage of this opportunity to increase production from existing wells and continue our drilling campaign," Mr. Sanford said.
"The well servicing is just one of many benefits the Company reaped by having its own workover rigs. Allenergy and RHWS employees joined forces to complete the numerous tasks it takes to get the production ready for sale. Over four miles of flow line was installed on the Longton Anticline to transport oil and gas to the tank battery so the product could be sold. The welding, electrical work, plumbing and excavating was all done in house by our combined experienced work force," Allenergy's President said.
The Company has recently released one workover rig to service the clients of RHWS, but will retain sufficient equipment to continue the remedial work on sixty plus wells that need to be put in production.
I don't get the last paragraph! If you have sixty plus wells that need to be put in production, cann't you hire someone or someones to do that?????
With Oil and NG at record highs don't you think it would be worth it?
Just wondering!
Pizzaman, to answere your questions about the oil companies that are willing to release the info that are not majors. They don't need investors! I know of wells that are making more money now than 10-15 years ago, with less production.
Chiricano, how about telling Rex and Larry to be more transparent. Why the secrecy? Don't say it's to get better MR prices, I know better. If you want the MR's then you gotta pay the going price. With Rex and his family from there it should help ALRY ink some leases. Why not the infill on the current leases? The state spaceing would allow it! With ALRY having a drilling rig on call, now is the time to be drilling. How deep are the wells again? I know what costs are per linear foot to drill and case. Ask Rex and Larry become more transparent or I think the PPS will see .02 or less! With Blackoak and other JV's getting EOB's and he should have been getting daily drilling reports. They should know what is going on and how much is getting pumped at least from the wells they are in on!
I still haven't heard from Rex or Larry. They have my number!
Good luck to All!
I would like to confirm with Larry and Rex that they will be there and open to question and answere period.
How low will ALRY go? If someone wasn't buying today, I think this would be down in the .02 range. This is all just my opinion.
That's not funny! I think, I was told to stay clear of RGNO. I just thought Larry was rough on the edges and when Rex went all in with him, I felt better. With Rex living there, being from there and having family there, I felt good. I read the motto of ALRY about being transparent and now that part is missing off the motto????? I don't know why someone change the motto of ALRY???? I have talked to Larry months ago. Now, I think they must have lost my phone number cuz there are a few of us that had wanted to visit, ask questions and get answeres, take a tour of the leases, get a look at the geological surveys, perhaps look at some of the logs? Now, without confirmation about the visit, I don't know, If the visit is going to fall through or not? Larry and Rex you have my number call me. You have called me before!
I would think that everyone realizes that Rex is just as much in this as Larry is! I just hope no one gets thrown under the bus!
I still haven't heard if ALRY is willing to meet with us in a couple of weeks? Then take us on a show and tell and let us ask questions?
No shares traded so far today, interesting!
I still haven't heard if I'm invited to visit them in the next couple of weeks?
How low will Rex and Larry allow the PPS of ALRY to go? It's is completely up to either one of them. Call them and ask. I quess they have lost my number.
Has anyone heard from Lowman? Is he or she still around? If so please respond, thanks.
I would think that Rex and Larry don't want to be pressured into doing something they don't want to do, who does? Pretty soon Rex and Larry are going to have to become transparent, I think. I would think Rex has a whole lot more to lose than Larry, due to family and living there. I really think they have production, assets and income. How is Larry and Rex getting paid? How do you look up ALRYs' subsidaries and their tax records? How low is Rex and Larry going to allow ALRY to fall before posting some meat and potatoes in a PR? Who has all of these shares to sell down here? I really think ALRY can move up dramatically, it's just does Rex and Larry want it too? I think both of them are in this and they both know what needs to be done. I still hope I'm invited up there in June, I still have not heard.
Does ALRY have preffered shares of stock along with common shares of stock? If so when and how many? Is that true on the Bid of .03 and the ask .036?
I know I only live 1 hour or so away. That is why I am wondering why Rex and Larry just doesn't ungag the stock and make this company transparent? All it would take would be one PR! They both know it!
Tulsan, "Larry and Rex could stop this and make ALRY a real player." Larry and Rex are making ALRY a real player. You of all people should be able to confirm or debunk this. You live one hour or so south and have never visited? You keep saying you will but never do. Your investment must not be worth the trip. I would except the disagreement from everyone else on this board and some people could even change my opinion but not you!...Frank
BTW bring on the sellers I'm reloading!
Chiricano, I will have to disagree with you on this! At any moment Larry and Rex could stop this and make ALRY a real player. Until then, I think we will see more sellers and less buyers. Rex and Larry are both in ALRY togather and I don't want to hear from one of them, I didn't know that! I firmly believe that Rex and Larry can right this ship, it's just do they want too?
Is Larry and Rex getting paid, if so, how and how much? This is a public company, right?
When was that PR on getting uplisted dated?
http://news.yahoo.com/s/afp/20080527/bs_afp/commoditiesenergyoilprice_080527172313
What I joke this artical is! Darn it, Oil is only $130+ for a barrel or 42 gallons.
I guess, not much to say today. I hope everyone remembered what Memorial Day is all about!
I don't know?
I still want to know which poster on here is JC? I talked to JC several times and he did watch this board very carefully! JC would know me because we did talk several times.
Thought this was interesting? Has anyone seen this before?
Just scroll down to Allenergy Inc.
http://www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=6660
How does Larry and Rex get paid?
Here are some of, if not all of ALRY
Subsidiary Companies:
TOTAL SERVICE INCORPORATED
HOENIG TRANSPORTATION INCORPORATED
ALLENERGY OPERATING COMPANY INC.
How do you figure out what these companies are doing?
Somebody has to be transporting the oil and water, right?
Who is ALRY paying to do that?
If I'm wrong on any of this, please correct me!
Good luck to all!
I think that's BS about some poster that is using negativity to pick up some cheapies! There are plenty of cheapies for everyone it appears. I have been long and strong on ALRY for a very long time. I don't like the way Larry and Rex have changed their motto. What happened to transparancy for the company that used to be in their company motto? For all those shares we purchased before Rex and Larry decided to change the motto of ALRY, I do hold them accountable. After they have changed their motto, I hold myself accountable. Why did they change their motto? There is NO accountability except with is drippled out in vage and in uncertain terms that could be interpeted in many ways. Until Rex and/or Larry decide to become more forth right. This stock will continue to move downward with less buying and more selling. I know they have wells, production, equipment, and other assets. With Oil and NG at $135/barrel and NG above $11 they should be making a killing. I know I am.
What happened to those press releases about uplisting? Isn't it about time for that?
Good luck to All!
Once again, who has all of these shares to sell at this price? Did anyone either confirm or deny that there are preffered shares of ALRY out in the market along with the common shares? I believe Blackoak said he had both? Please correct me if I'm wrong. Also, did ALRY change transfer agents? Is anyone sure that the O/S are below 108 million shares?
Come on Rex and Larry get more transparent. It's time!
Good luck to all!
I do think the Pres of Shell to be alittle bit on the slow side. That way when they do drill it they can be the hero and get the Oil here in 5 years. That way they can charge $200/barrel and say it costs that much do to the OT and all the work needed. I have alot of neat people, I know and I have met doing odd things in all parts of world in the Oil and Gas industry. I really hope Larry and Rex get the stock ungagged. I hope Rex doesn't throw Larry under the bus or visa versa. I really want to see ALRY be successful. We do have alot of shares!
Good luck to All!
Pretty soon your going to hear alot about Nuclear and drilling in Alaska. About Alaska Oil does anyone have a clue how long it would take to get a drop from the new drilling? I was told it would be a min. of 5 years from them deciding to drill it. The thing about Nuclear is where are you going to store the rods after they have been used up and they stay radioactive for like 25,000 years? Oil will still be in our daily living and usage for many years to come. The longer it stays up this high the higher the bottom moves up.
As to ALRY I would say Larry and Rex needs to ungag the shares and release the production and financials ASAP!
Oil futures $132/barrel. If Larry and Rex is not making more money than ever there is a hugh problem! Here is a link!
Good luck to all!
http://news.yahoo.com/s/ap/20080521/ap_on_bi_ge/oil_prices_122
Just a question, who has all of these shares to sell at this price?
Good luck to all!
I got that wrong about what was said. Blackoak called himself a common and preferred stock investor with ALRY? Is that the same as having preferred shares?
Good luck to all!
Did Larry and Rex change Transfer Agents? Has the O/S increased to over 108 Million as of 05/19/2008? What did Blackoak mean that he was a preferred shareholder? Are there preferred shares out there since he said he is a preferred stockholder for ALRY? Just a couple of questions
Thanks in Advance
Posted by: blackoak
In reply to: None Date:5/14/2008 11:16:31 AM
Post #of 15496
Good Wednesday morning, folks. Blackoak is back on-line and I see where my name has been invoked on several posts, especially on behalf of this newbie named "pizzabuster".
Aside to pizza, ferchrissakes, have a slice with pepperoni, throw away your "caps" key and take a Zantac before typing your thoughts on ALRY.
As a long-time JV, common and preferred stock investor with Allenergy, I will respond to some of your questions shortly as soon as I unpack and complete analysis of recently released company financials.
I also expect a check from ALRY with the most recent price paid for the company's oil and I will gladly post that info.
Good luck to All!
Yes, I'm having a problem with ALRY and it's due to the increase in the O/S. The continuation of the decrease in the PPS could be attributed to these shares. Is ALRY, Larry and Rex through increasing the O/S. If so I would like to hear from this from them. I think there needs to be accountability for the increase in O/S. I don't want to hear that it went to new leases, equipment, decrease LT debt. What are the numbers. I'm starting to feel uncomfortable.
I have left messages for Larry but I haven't gotten a call back yet.
Good luck to All!
I really hope that Larry and Rex decides that it is time to become more transparent with ALRY! Yes, I put Rex right in with Larry! I believe, they both know what's going on and such. It's time to open up and let they company grow. Larry and Rex, how about selling us out for $1/share? They will be able to infill all of the wells they want on the leases they currently have. I look forward to hearing something soon.
Larry or Rex you can call me.
Good luck to all!
Nuggetman, I believe that ALRY has a disposal well on it's property! Does anyone know for sure? Have you seen any more activity between the barbwire? Did the battery tank get installed? Have you seen any more drilling activity? Who has talked to Larry about becoming more transparent? I will call him if no one else has?
Who really talks to Larry on a regular time frame? Now Rex is going to be easier because he has family and they are from that area. With Rex all aboard that does give me more comfort because Rex knows all and he lives there. I have talked to Larry before on the phone. Larry would probably know who I am if he thought about it. With the drilling rig on call for ALRY what new wells are next?
Good luck to all!
Would you like to meet me up in Kansas in June so we could visit ALRY. We could perhaps meet with Nuggetman and go visit with Rex and Larry. Perhaps you could ask him to his face about what your concerns are?
Good luck to All!
Waltcert, do you really think that ALRY is a scam? Have you met or dealt with Larry or ALRY?
I like to see NITE on the Bid and higher on the ask. That is positive.
Good luck to All!
Pizzabuster, Blackoak would be able to tell us alot of those questions because he is a jv partner! I have talked to Larry on the phone and I will be meeting him in June if he's there. Rex knows everything about ALRY and he has family in this area. So, I do feel more comfortable with him. I don't want him to say something like, I don't know Larry does all of that. I will not buy that from Rex. I firmly believe Rex knows all! Has Larry completely moved to Kansas from Cali? Did Frankie completely move to Kansas from Cali? I will still be visiting the area and ALRY. I will ask around and perhaps Nuggetman will let me visit with him? Which dinner do I need to go eat at? I will bring boots.
What happened with the man from RGNO that Pizzabuster went and visited with? Does anyone else want to go too or meet in Kansas first week or two on a Saturday?
I'm planning on visiting first couple of weeks in June. I will be going up on a Saturday early if Larry lets me. I will report on what I see. If anyone else wants to visit along, I'm game. I would like to meet Nuggetman. I'm pretty sure he has most of the inside scoop! I will take pictures and try to download them for all to see. I still say we need an investors meeting in Kansas this summer. I hope to hear more about production and new wells drilled and new leases.
Good luck to All!