Allied Energy Corp.’s (OTCMKTS:AGYP) business model of reworking proven, recoverable reserves have enabled it to cut cost and time, allowing it to focus on rapid expansion by acquiring interests in various projects. That minimizes its risk while pursuing revenue growth. Allied’s initial projects included Byers Heirs #2, Byers Heirs #1 and Cameron #1; then, the… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Brings Progress into 2022
AGYP news
Allied Energy Corp. (OTCMKTS:AGYP) Tweets It Is Getting Ready For Operations At Well H-1 At Prometheus Site
Allied Energy Corp. (OTCMKTS:AGYP) Tweeted it is getting ready for operations at Well 1-H at its 325 acre Prometheus site. AGYP in the new Tweet says, “Prometheus Well 1-H being prepared this past weekend for operations. The Well is now online and the water is being pumped off to pull in the oil cut.” Photos… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Tweets It Is Getting Ready For Operations At Well H-1 At Prometheus Site
Allied Energy Corp. (OTCMKTS:AGYP) Thrives As Global Oil Prices Fluctuate Higher As Omicron Variant Concerns Ease
Allied Energy Corp. (OTCMKTS:AGYP) continues pumping oil from five wells in Texas as WTI Crude and Brent Crude jump in price. The cost of global oil settled higher last night as fears over the impact of the omicron COVID-19 variant eased. Global oil volatility needs to be resolved and become more stable. Both WTI and… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Thrives As Global Oil Prices Fluctuate Higher As Omicron Variant Concerns Ease
Allied Energy Corp. (OTCMKTS:AGYP) Sends Triple Tweets On Annie Gilmer Site Well 2’s Progress.
Allied Energy Corp. (OTCMKTS:AGYP) issued triple tweets on its progress at Well 2 on the Annie Gilmer Lease in Texas. This Well passed a ‘leak’ test of its pipe and is back online. AGYP has already hit oil at five Wells on its Green Lease and Annie Gilmer Lease sites. In the first Tweet, Well… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Sends Triple Tweets On Annie Gilmer Site Well 2’s Progress.
New Variant Rattles Global Oil Markets As Allied Energy Corp. (OTCMKTS:AGYP) Explores For More Domestic Oil
The Omicron variant unsettles global oil markets again. According to CNBC, OPEC+ will remain with its schedule of pumping 400,000 barrels daily. Bank of America is holding to its prediction of $85 a barrel oil in 2022 and $100+ per barrel if air travel rebounds, Bloomberg says. The US government is moving in multiple directions… Continue reading New Variant Rattles Global Oil Markets As Allied Energy Corp. (OTCMKTS:AGYP) Explores For More Domestic Oil
Allied Energy Corp. (OTCMKTS:AGYP) ‘Squarely Aimed’ At Pumping Oil From Prometheus Well H-1, Announces Progress
Allied Energy Corp. (OTCMKTS:AGYP) is focused on Well H-1 at its 325 acre Prometheus site and is allocating the majority of AGYP’s resources at that Well. It issued updates on its progress at H-1. George Montieth, AGYP CEO, said, “Allied’s Prometheus lease acquisition is the Company’s most significant holding to date and I believe the… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) ‘Squarely Aimed’ At Pumping Oil From Prometheus Well H-1, Announces Progress
Allied Energy Corp. (OTCMKTS:AGYP) Drills Successfully In Texas As BP Predicts Higher Oil, Occidental Says Biden Should Focus On U.S. Oil.
Allied Energy Corp. (OTCMKTS:AGYP) is a U.S. independent oil producer sitting pretty. BP predicts higher and longer oil prices. Occidental tells President Biden to stop asking OPEC+ for more oil and focus on U.S. production increases instead. At the Abu Dhabi ADIPEC Conference, Saudi Arabia and UAE again ignored the call for more oil production… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Drills Successfully In Texas As BP Predicts Higher Oil, Occidental Says Biden Should Focus On U.S. Oil.
Allied Energy Corp. (OTCMKTS:AGYP) Announces Updates On Its Oil Drilling At Annie Gilmer Site; Stock Rises 5.77%
Allied Energy Corp. (OTCMKTS:AGYP) yesterday announced updates on its drilling at its two wells on the Annie Gilmer site. It reaffirmed both Wells 1 and 5 are producing and pumping oil. After the news, AGYP’s stock closed at $0.3390, rising 5.77% last evening. Volume was heavy at 1,405,130, 2.6 times higher than average. The announcement… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Announces Updates On Its Oil Drilling At Annie Gilmer Site; Stock Rises 5.77%
Allied Energy Corp. (OTCMKTS:AGYP) Explores For Oil From Triple Locations: Green Lease, Annie Gilmer And Prometheus
Allied Energy Corp. (OTCMKTS:AGYP) is exploring for oil and gas from triple locations in Texas. They are the Green Lease, Annie Gilmer and Prometheus sites. AGYP has already hit oil at five wells at the first two locations. Is there more ahead on the third? AGYP is positioned well as crude oil remains expensive and… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Explores For Oil From Triple Locations: Green Lease, Annie Gilmer And Prometheus
Allied Energy Corp. (OTCMKTS:AGYP) Stock Rises 6.43% As Oil Prices Stay High And Winter Demand Is Coming
Allied Energy Corp.’s (OTCMKTS:AGYP) stock rose yesterday by 6.43% to $0.3242 in heavy volume of 928,569. That’s significantly higher than its daily average. The reason: winter demand is coming for oil which remains priced higher and scarce. Both major indices closed green again last evening and remained high. WTI Crude last night settled green at… Continue reading Allied Energy Corp. (OTCMKTS:AGYP) Stock Rises 6.43% As Oil Prices Stay High And Winter Demand Is Coming