Allied Energy, Inc. Announces Field Operations Tour in Milam County, TX

Allied
Energy, Inc.

Announces Field Operations Tour
in Milam County, TX

BOWLING
GREEN, KY-- (Marketwire ? July 18, 2013) - Allied Energy, Inc. (?Company?)
(OTCMarkets: AGGI) is pleased to announce the scheduling of its next
?Field Operations Tour?, to be held on Monday, July 22, 2013 in Milam County,
Texas. Company President, Scott
Harris, and Vice President of Operations, Joe Pierce, will be hosting the tour.

The Company is expecting to have
twenty or more of its investor partners attend the event, during which time
they will be invited to observe the ongoing drilling operations of the Walker
#1H and Clanton #1H horizontal wells.
Immediately following the tour there will be a Question & Answer session
and lunch will be provided, courtesy of the Company.

The drilling of the Walker #1H
and the Clanton #1H horizontal wells, which continues to proceed on schedule, is
being funded by two of the general partnerships sponsored by the Company.

About Allied Energy:

Allied
Energy, Inc. sponsors oil & gas partnerships through which it raises funds
for the drilling and development of oil & gas wells. The Company serves as managing general
partner and as the turnkey operator for the partnerships, and often owns small
interests in the partnerships and/or small interests in the properties in which
the partnerships participate.

The
Company?s ultimate strategic focus is on the development of oil and natural gas
production and reserves. The
Company believes that its oil and natural gas development strategy will provide
growth to the Company in the future.
For more information: www.alliedenergy.com

Forward-Looking
and Continuing Statements:

Certain
statements in this release and the attached corporate profile that are not
historical facts are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by
the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will,"
"would," "should," "plan," "projected,"
"intend," and similar expressions. Such forward-looking statements involve known and unknown
risks, including, but not limited to, geological and geophysical risks inherent
to the oil and gas industry, and uncertainties and other factors that may cause
the actual results, price of oil and natural gas, state of the economy,
industry regulation, reliance upon expert recommendations and opinions, and
performance or achievements of the Company to be materially different from
those expressed or implied by such forward-looking statements. The Company's future operating results
are dependent upon many factors, including but not limited to: (i) the Company?s
ability to obtain sufficient capital or strategic business arrangements to fund
its drilling plans; (ii) the Company?s ability to build the management and
human resources and infrastructure necessary to support the growth of its
business; (iii) competitive factors and developments beyond the Company's
control, including but not limited to the strength of the overall economy; and
(iv) other risk factors inherent to the oil and gas industry.