Allied Resources Inc. (ALOD)

Overview

Allied Resources, Inc., originally known as General Allied Oil and Gas Co, is an independent energy company focused on the exploration, development, production, and sale of oil and natural gas. Since its establishment in 1979, the company has been actively involved in the United States energy sector. Having undergone a name change in August 1998, it has continued to expand its operations across various strategic locations. Allied Resources, Inc. is headquartered in Salt Lake City, Utah, representing a vital player in the country's oil and gas industry. The company's operations are primarily centered in West Virginia and Texas, where it holds interests in a significant number of oil and gas wells across thousands of acres of land.

Products and Services

• Oil and Gas Exploration

At the core of Allied Resources, Inc.'s offerings is its exploration activities. The company employs advanced technologies and methods to identify potential oil and natural gas reserves. Through its strategic exploration efforts, Allied Resources aims to increase its resource base and ensure the sustainability of its production operations.

• Development and Production

Allied Resources, Inc. is engaged in the development of identified oil and natural gas reserves into productive wells. The company's development processes involve designing, constructing, and operating wells to extract oil and gas efficiently. With a total of 155 wells across its operations in Ritchie and Calhoun counties, West Virginia, and in Goliad, Edwards, and Jackson counties, Texas, Allied Resources has established a robust production infrastructure that supports its growth and profitability.