Allied Resources Inc
OTC:ALOD
Allied Resources Inc
Allied Resources, Inc. is an independent oil and natural gas producer. The company is headquartered in Salt Lake City, Utah. The company went IPO on 2005-06-17. The firm is involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad and Edwards counties, Texas. The Company’s principal products are comprised of oil, natural gas and liquids. The company owns varying interests in a total of approximately 145 wells in West Virginia on several leases operated by an independent operator. All the wells, in which it has an interest are spread approximately 3,400 acres in Ritchie and Calhoun Counties. Depth of the producing intervals are approximately 1,730-5,472 feet (ft.). The company owns varying interests in a total of approximately nine wells in Texas on three leases operated by independent third parties. All the wells, in which it has an interest are spread approximately 2,470 acres in Goliad and Edwards Counties. Depth of the producing intervals are approximately 7,600-9,600 ft.
Allied Resources, Inc. is an independent oil and natural gas producer. The company is headquartered in Salt Lake City, Utah. The company went IPO on 2005-06-17. The firm is involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie Counties, West Virginia, and Goliad and Edwards counties, Texas. The Company’s principal products are comprised of oil, natural gas and liquids. The company owns varying interests in a total of approximately 145 wells in West Virginia on several leases operated by an independent operator. All the wells, in which it has an interest are spread approximately 3,400 acres in Ritchie and Calhoun Counties. Depth of the producing intervals are approximately 1,730-5,472 feet (ft.). The company owns varying interests in a total of approximately nine wells in Texas on three leases operated by independent third parties. All the wells, in which it has an interest are spread approximately 2,470 acres in Goliad and Edwards Counties. Depth of the producing intervals are approximately 7,600-9,600 ft.
