The company had longstanding agenda its source of revenue by expanding into additional forms of energy.
Though our core focus remains oil and natural gas production and well services, it has been a part of our long term strategic plan to diversify, Allenergy Chief Executive Officer Larry Sanford, said. With the incredible rise and fall of oil prices recently it seems even more prudent to open up additional revenue streams. Our plan will help to ensure Allenergy’s long term growth and profitability regardless of oil price fluctuations.
Allenergy’s Vice President of Operations Rex Horning, said We have the potential to take advantage of the new technologies for wind generation. The demand for wind generation has increased. In time Allenergy will have the opportunity to provide some of our existing clients with additional services, Horning, said.
