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Re: energymanNJ post# 271

Monday, 04/23/2007 10:15:07 AM

Monday, April 23, 2007 10:15:07 AM

Post# of 397
ALRY BIG NEWS!!!!!!


COFFEYVILLE, Kan., April 23 /PRNewswire-FirstCall/ -- Allenergy, Inc. (OTC: ALRY - News), 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 updated investors on its Dark Treasures property, which consists of four separate leases: The Moore (160 acres), Clark (400 acres), Pendleton (240 acres), and Bayless (160 acres). Allenergy holds a 100% working interest in the Dark Treasures project with an 80% net revenue interest.
The Moore TM-1 was perforated on April 11th and a spot acid job was scheduled for the 12th. The stimulation of the acid was not needed because of the immediate results of just perforating the casing. Obtaining these results without stimulation or a frac job is extremely rare for this area.
The Moore TM-1 well has been free flowing natural gas for twelve days while containing 110 PSI of the 160 PSI on the formation and the Moore gas meter is charting an impressive 61.6 mcfpd and still experiencing deviated line pressure from the compressor. Allenergy will maintain the 110 PSI for a couple of weeks then slowly decrease back pressure to increase flow rate. "We will continue this method until it is time for the stimulation and/or frac. It is impossible to determine the magnitude of this discovery until all production options are completed," said Larry Sanford, President
The Dark Treasures was purchased with a portion of the 504 Reg. D raise that started in September 2006 and ended February 2007 .
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
Contacts: J.C. Friend at jcallenergy@aol.com
E&E Communications Paul Knopick, (949) 707-5365 pknopick@eandecommunications.com
SOURCE Allenergy, Inc.

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