I think ALRY is gonna rock. I think it can ring the bell at a dollar in the not so long long term...double is coming and a dollar is inevitable..Not your basic stinky pinky.
See most recent pr...Go to IHUB board and see the lease properties they own. This is ripe and I rec it without reservation. I bought 32k shares at .115 glta
Allenergy Retained by Constellation Energy Partners, a New York Stock Exchange Oil and Gas Company
Tuesday August 14, 10:00 am ET
INDEPENDENCE, Mo., Aug. 14 /PRNewswire-FirstCall/ -- Allenergy, Inc. (OTC Bulletin Board: 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 announced that Constellation Energy Partners LLC (NYSE: CEP - News), has retained Rex Horning Well Services (RHWS), an Allenergy company, to service more than 300 oil and gas wells in the Kansas area. Constellation Energy Partners recent acquired significant coalbed methane properties from EnergyQuest Resources LP in Kansas and Oklahoma.
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Additionally, Constellation is putting on new wells on a weekly basis and these also will be serviced by RHWS. "Allenergy is purchasing our fourth rig to keep up with the demand," said Company President Larry Sanford. "Our crews are on a 10 hour a day, six day a week schedule to keep up with work made necessary by previous flooding in the area, and this new contract."
"This is an exciting time as our Company is expanding rapidly. We have major, new oil and gas leases and our servicing company is now realizing significant revenue growth," Mr. Sanford said.
Allenergy's President also announced that the Company has moved in larger offices in Independence, Kansas. The new address is 315 W. Sycamore, Independence, KS. 67301. The new phone number is 620/331-9992.
About Allenergy:
Allenergy, Inc. (OTC: ALRY - News) 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 7,000 acres of leased land with over 150 oil and gas wells on its producing properties.
