Allenergy Inc. (ALRY)

[ash111]

waking, found great DD:- UgotStocks Share Monday, February 21, 2011 6:45:25 PM
Re: None Post # of 434038

ALRY .003 Some info inside if interested--->

Company Officers:

Larry L. Sanford, President, CEO


Quote:
--------------------------------------------------------------------------------
Mr. Sanford brings over 25 years of experience and management skills in the Oil and Gas business and has successfully completed more than 600 wells throughout Oklahoma and Kansas. He has been CEO and President of larger companies with accomplishments in administration, profitability, and revenue maximization. Mr. Sanford was appointed President of Allenergy in February 2005. His "hands on" approach and managerial style have made a distinct, positive impact on Allenergy's operations and overall profitability.
--------------------------------------------------------------------------------



Frankie M. Garrity, Secretary, Treasurer
Rex Horning, VP Ops.

Share Structure:

Shares Outstanding 116,563,419
Float 96,261,948
Authorized Shares 500,000,000
Par Value 0.001

Oklahoma SOS info: https://www.sos.ok.gov/corp/corpInformation.aspx?id=1900475408

Filing Number:
1900475408
Name Type:
Legal Name
Status:
In Existence
Corp type:
Domestic For Profit Business Corporation
Jurisdiction:
Oklahoma
Formation Date:
2 Feb 1989

Allenergy Inc. Properties:

SOUTHEASTERN KANSAS:

~ Bane Lease 160-acre located in south central Chautauqua County, Kansas.

~ The Kelso Lease 280 acres in Montgomery County consisting of 6 wells and areas not previously drilled along the Longton Anticline

~Chautauqua county 97 acres along the West Thorne lease

~The Bayless B Lease 600 acres situated on the eastern Longton Anticline. The Bayless project consists of five leases with a total of 20 wells already in place.

~Dark Treasures Lease The Dark Treasures properties consists of 960 Acres contiguous to the Ball Lease.There are four leases, the Moore (160 acres), Clark (400 acres), Pendleton (240 acres) and Bayless (160 acres), with each lease held by one gas well, currently producing more than 80,000 cubic feet per day of natural gas.

~Ball Lease 480 Acres situated on the Longton Anticline with impressive geology that suggests multiple producing zones, several Arbuckle plays, coal bed methane existence, and multiple producing oil sands.

~Hanks lease in Chautauqua County, 80-acre bordering the Dark treasures lease

~Fields Lease 300 Acres in the middle of newly-discovered coal bed methane fields, Allenergy was successful in securing this lease ahead of several major independents who previously sought the property.

~Thorne Lease 160 Acres located 1.5 miles south east of the
newly-discovered "Mississippi Lime," which came in at 235 thousand cubic feet of gas and 13 barrels of oil per day. The Thorne Lease includes several oil producing zones and coal bed methane.

~Thorne Home Lease 160 Acres adjacent to the Thorne Lease, containing the same geographical attributes and potential.

~Smith Lease 160 Acres with gas reserves estimated at 246.7 million cubic feet of gas by Kune Laboratory, the property's production has been enhanced with the installation of the PC Pump(TM) on one if its well sites.

~Ferguson Lease 320 Acres with reserves in two zones that combine for 327.04 million cubic feet of coal bed methane gas in place. Five additional wells are planned with 400 thousand cubic feet per day of total production possible.

NORTH CENTRAL OKLAHOMA:

Logan County 320 Acres with one gas well completed thus far.
Okmulgee County -- 486 Acres:

~Kelly Lease Has completed geology on sectors north and south, which confirm the presence of the highly oil-productive Woodford Shale Formation. Producing properties have been drilled south of Allenergy's interests, yielding 300 barrels of oil per day.

Oil and Gas reports through 2010:

Lease T-R-S KS Dept. of Revenue
Lease Code API Number
(if known) Operator Oil? Gas? Cumulative
production Producing
zone Field

Clark A.P. T33S, R13E, Sec. 34
NW NW NW 219093 (Chautauqua) Allenergy, Inc. Gas 84024
(1994 to 2010) FRASIER

Pendleton 'A' 1 T33S, R13E, Sec. 35
SW NW SW 218384 15-125-29657 Allenergy, Inc. Gas 43276
(1992 to 2010) Mulky Coal Bed WAYSIDE-HAVANA

Thorne T34S, R12E, Sec. 12
101418 (Chautauqua) Allenergy, Inc. Oil 14857
(1976 to 2008) PERU-SEDAN

Mann A-B T34S, R13E, Sec. 1
139708 (Montgomery) Allenergy, Inc. Oil 72
(2008 to 2008) WAYSIDE-HAVANA

Mann T34S, R13E, Sec. 1
116266 (Montgomery) Allenergy, Inc. Oil 14522
(1981 to 2010) REDD WAYSIDE-HAVANA

Bayless #2 T34S, R13E, Sec. 2
218326 (Montgomery) Allenergy, Inc. Gas 56720
(1992 to 2008) WAYSIDE-HAVANA

Doebrook T34S, R13E, Sec. 2
139034 15-125-31483 Allenergy, Inc. Oil 81
(2008 to 2008) UNKNOWN

Moore T34S, R13E, Sec. 3
NE SE NW 217991 (Chautauqua) Allenergy, Inc. Gas 105033
(1991 to 2010) WAYSIDE-HAVANA

Ball T34S, R13E, Sec. 3
NE NW SE 114596 (Chautauqua) Allenergy, Inc. Oil 22235
(1981 to 2010) Mississippian System WAYSIDE-HAVANA

Ball T34S, R13E, Sec. 3
SE 216760 (Chautauqua) Allenergy, Inc. Gas 142909
(1990 to 2009) Mississippian System WAYSIDE-HAVANA

Kelso T34S, R13E, Sec. 11
127485 (Montgomery) Allenergy, Inc. Oil 4204
(1987 to 2009) WAYSIDE-HAVANA

Smith T34S, R17E, Sec. 6
NW NE SE 115711 (Montgomery) Allenergy, Inc. Oil 19562
(1981 to 2008) COFFEYVILLE-CHERRYVALE

http://abyss.kgs.ku.edu/pls/abyss/oil.ogl5.OpLeases?f_id=1032689811


Quote:
--------------------------------------------------------------------------------
Allenergy Incorporated is involved in stripper well oil production, the salvage of used oil field equipment, and the plugging of wells for environmental purposes. The Company provides its services to the state of Oklahoma and individual oil producing companies.

18-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is strategically focused on areas of these states believed to contain more than 1.5 trillion cubic feet of natural gas and helium at shallow depths. The Company currently holds roughly 4,300 acres of leased property with over 150 producing oil and gas wells.

--------------------------------------------------------------------------------



Quote:
--------------------------------------------------------------------------------
Larry Sanford, CEO of Allenergy, states: "We have taken the necessary steps to keep our cash flow in line with our expenses. We believe that oil prices will rise again at which time we will return to our efforts to generate profit from the discovery and sale of oil. Our shareholders should know: Allenergy remains viable."
--------------------------------------------------------------------------------



Quote:
--------------------------------------------------------------------------------
"Though our core focus remains oil and natural gas production and well services, it has been a part of our long term strategic plan to diversify," Larry Sanford, CEO, said. "With the incredible rise and fall of oil prices recently it seems even more prudent to open up additional revenue streams. Our plan will help to ensure Allenergy's long term growth and profitability regardless of oil price fluctuations."


Rex Horning, Allenergy's Vice President of Operations, has been leading the strategic planning for Allenergy's diversification. "We have the potential to take advantage of the new technologies for wind generation. The demand for wind generation has increased. In time Allenergy will have the opportunity to provide some of our existing clients with additional services," Mr. Horning said.
--------------------------------------------------------------------------------



Quote:
--------------------------------------------------------------------------------
Because of both the revenue and the Federal tax breaks, many land owners in the region are seeking to use their land for wind power generation. Allenergy is taking the necessary steps to sell, service, and install wind power generation. Allenergy can also benefit from wind power revenues on its current leases and on additional land leases.
--------------------------------------------------------------------------------



Quote:
--------------------------------------------------------------------------------
Allenergy, Inc., 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."

The objective of Allenergy's strategic review is to focus on a short list of ALRY properties for further analysis and possible discussion with potential acquirers. "The review is complete and this will drive Allenergy's strategic direction," Mr. Sanford said.

In the first quarter of 2008 Allenergy divested its three North Central Oklahoma properties for approximately $500,000 in gross proceeds.

Allenergy, Inc. is an independent energy company strategically focused on Southeastern Kansas where it currently holds approximately 3,200 acres of leased land with more than 100 oil and gas wells on its properties.
--------------------------------------------------------------------------------



[Suppressed Image]

ALRY could be one to watch and put on your RADAR

UGS