$AGYP Allied is pleased to inform its valued shareholders that this acquisition was completed through a non-dilutive, all-cash purchase and immediately adds significant value to Allied's bottom line as a new asset on the books. Based on formal due diligence completed by Ardent Oil and Gas Consultants (http://ardentoil.com) the estimated ultimate recovery of the two Palo Pinto wells is approximately 113,000 barrels of oil or about $6.7 million dollars assuming a price of $60 per barrel for crude oil.