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Thursday, February 25, 2010 10:29:56 PM
Allenergy, Inc. (Pink Sheets: ALRY), an independent oil and gas producer focused on Southeastern Kansas, has completed a strategic review of its 12-property portfolio and identified four leases for further consideration after receiving indications of interest from potential purchasers.
"We evaluated Allenergy's leases on the basis of realizing value for shareholders," said ALRY CEO Larry Sanford. "Four of our properties have attracted prospective acquirers, and we will now formally start responding to them
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