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HEADLINES 07-09-10 - Allied Energy Agrees To Gas Pipeline Connection with Atmos Energy in Grimes County, Texas 07-08-10 - Allied Energy Provides an Operations Update for its Cox Lease in Rogers County, Oklahoma 05-27-10 - Allied Energy Announces Continued Profitability and Growth for 2009 04-14-10 - Allied Energy Achieves “Best of Bowling Green” Award for the Second Consecutive Year 03-08-10 - Allied Energy Begins Drilling Operations in the Historic “Giddings Field” |
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is an independent energy development firm primarily engaged in the exploration, development, and production of oil and natural gas in the continental United States. Allied Energy was formed June 2003 with the objective of becoming a leader in the oil and gas industry. The company relies upon its geologists, petroleum engineers, financial analysts, and industry experts whose combined industry experience is essential to the success of each project. Allied Energy’s strategic focus is the development of oil and natural gas reserves. As the fuel of choice to meet the growing demand for a clean-burning domestically produced fuel, the company firmly believes its natural gas exploration strategy should provide substantial growth to the company for the years to come. Allied Energy currently has 6,000 +/- acres under lease, and more than 70 wells under development or planned to be drilled in Rogers County, Oklahoma. The company also has its own wholly-owned subsidiary, Allied Operating LLC, to manage those properties in Oklahoma. In 2009, Allied Energy formed a wholly owned subsidiary, Allied Operating Texas LLC, and expanded its drilling operations into Grimes and Leon Counties Texas. Certain statements in this website may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange 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, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; changes in, or failure to comply with, governmental regulations and environmental laws; profitability of projects; and the ability to obtain adequate financing in the future.
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Allied Energy Micro-Cap Article
