Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
.11 and Up!
»
ALRY - confirmed BREAK-OUT! could be 5x bagger again
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by IMAKEMONEY: [QB] ALRY -- Allenergy Inc. Com ($0.001) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Allenergy To Post Financial Results COFFEYVILLE, Kan., May 14, 2007 /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, said today it will disclose financial statements for the entire year 2006 and through April 2007 on May 15th at http://www.allenergyinc.com . This can be viewed at the shareholders' update. "Although Allenergy is not required to release financial statements to the public, we intend to make the Company as transparent as possible so our shareholders can be confident in charting our growth," said Larry Sanford, President. "Southeastern Kansas experienced extremely severe weather in December 2006 and January 2007 resulting in a disappointing variance of oil and gas production," Mr. Sanford said. "The fourth quarter of 2006 was the first unprofitable quarter since the second quarter of 2005. The weather problems continued with the arrival of Spring and record rainfall. Allenergy has only recently returned to producing and we have increased our production numbers substantially, allowing the Company to return to profitability." "The financials that will be posted do not reflect the enormous production numbers that will be realized from the latest acquisitions of the Dark Treasures, Bayless "B" and Rex Horning Well Service," Mr. Sanford said. "The U.S. Securities and Exchange Commission does not allow a company to book proved oil and gas reserves, however, it can footnote these reserves. Allenergy has proved values from desorption laboratory tests of coal bed methane in excess of a half billion cubic feet. We are well positioned to have a banner year for the shareholders and our Company." 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. CONTACT: J.C. Friend of Allenergy, Inc., +1-877-277-8171, jcallenergy*aol.com; Paul Knopick of E&E Communications, +1-949-707-5365, pknopick*eandecommunications.com URL: http://www.allenergyinc.com http://www.prnewswire.com [URL=http://www.prnewswire.com]www.prnewswire.com[/URL] Copyright (C) 2007 PR Newswire. All rights reserved -0- KEYWORD: Kansas INDUSTRY KEYWORD: OIL OTC [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2