Allied Energy Announces Natural Gas Discovery for Its Horizontal Drilling Program in Giddings Field, Texas

Allied Energy, Inc. (PINKSHEETS: AGGI) reported the results today for its horizontal drilling program in the historic Giddings Field of Grimes County, Texas.

The press release is quoted as saying:

Allied Energy, Inc. (PINKSHEETS: AGGI) is an independent energy development firm primarily engaged in the exploration, development, and production of oil and natural gas in the continental United States.

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