Business
Allied Energy Launches New Corporate Website
Allied Energy Launches New Corporate Website.
About this update from Allied Energy, Inc.
[{"type":"text","content":"BOWLING GREEN, Kentucky, January 31, 2011 – Allied Energy Inc. (Other OTC: AGGI.PK) announced today that the company has launched its new corporate website at www.alliedenergy.comAllied Energy, Inc. is an independent oil and natural gas operator engaged in the exploration, development, and production of oil and natural gas, primarily in Texas and Oklahoma. Through its wholly owned subsidiaries, Allied Operating Oklahoma LLC and Allied Operating Texas LLC, and its Allied Gas Transmission, a majority owned subsidiary, Allied Energy, Inc.operates its oil and natural gas properties. The company’s strategic focus is the development of oil and natural gas reserves through the utilization of the latest technology related to horizontal drilling and production in Central-East Texas.“We are confident that our new corporate website should better facilitate Allied’s future growth, business model and plans to become a fully reporting company”, said Steve Stengell, Allied’s President and CEO.To find out more about the company, its audited financial statements, management team, operations and other public information, please visit www.alliedenergy.com****************No assurances can be made as it relates to present or future production rates or estimated reserves for any given project. Tremendous risks and uncertainty are associated with oil and gas drilling, completion, development and production operations. It is impossible to accurately estimate future rates and/or declines in production operations for oil, condensate and natural gas. Oil and natural gas volumes are often reported in an equivalent amount of one or another petroleum product as determined by prices and volumes of the petroleum produced. Production volumes herein were reported from the wellhead via electric flow meters. About Allied EnergyAllied Energy, Inc. (Other OTC: AGGI.PK - News) is an independent oil and natural gas operator and developer primarily engaged in the exploration, development, and production of oil and natural gas in the continental United States. The Company relies upon its confidential industry partners, well operators, geologists, petroleum engineers, and other operational personnel whose combined industry experience is essential to each project. Allied Energy's strategic focus is the ...