Profile: All Energy Corp (AFSE.PK)
6 Dec 2013
All Energy Corporation, formerly ALL Fuels & Energy Company, incorporated on October 5, 1994, is a development-stage exploration and production company focused on oil and natural gas. The Company has an interest in an oil and natural gases property located in the State of Louisiana and a small interest through stock ownership of an interest in oil production located in Belize. In addition, the Company is negotiating the acquisition of one or more oil and natural gas properties located in the Southern United States. In August 2011, the Company changed its business to the exploration, development, acquisition and production of crude oil and natural gas within the United States and completed the purchase of its first oil and natural gas interests shortly thereafter. In November 2011, the Company changed its name from ALL Fuels & Energy Company to All Energy Corporation. In July 2012, it acquired the Bell Lease located near Abilene, Taylor County, Texas.
On August 31, 2011, the Company entered into a participation agreement with Bering Exploration, Inc. relating to 365 mineral acres located in Beauregard Parish, Louisiana, in which the Company holds a 5% interest. Under the agreement, the Company agreed to participate in the drilling of an initial test well, which is to be drilled to a depth of approximately 10,800 feet under a turnkey contract with Bering.
All Energy Corp
6165 N.W. 86th Street
JOHNSTON IA 50131