BOWLING GREEN, Ken., Oct. 24, 2007 (PRIME NEWSWIRE) -- Allied Energy (Pink Sheets:AGGI) announced today that it has successfully drilled the first four of thirteen wells on its leaseholds in southern Rogers County, Oklahoma.

Allied Energy Group, participating with Halliburton Operating Company, has announced tentative plans to drill two 6,000' +/- vertical wells to test the Strawn Limestone in Schleicher County, Texas.