Old Monthief, he can write some sleazy PRs man. Lol
Anyone eating a big azz bowl of Beans will have more Gas than AGYP!
Allied Energy Corp – Bitcoin mining site number one now under development
Carrollton, Texas, September 8, 2023 – Allied Energy Corp (OTC: AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is proud to announce project ignition on the planned 20MW Bitcoin Mining partnership with Enerhash, River Energy Group, LLC, Allied Energy, and Sloan Petroleum. The fuse has been ignited on this collaborative endeavor, highlighting a collective commitment to innovation, sustainability, and transformative energy solutions all while mining Bitcoin.
The partnership between these companies has created a powerful alliance that promises not only to make a significant impact on the environment but also to reshape the landscape of energy practices and off-grid Bitcoin mining.
Guiding the Way: Balazs Jogg Takes the Technical Helm for the buildout of the Bitcoin Mining Operation
At the technical helm of this initiative is Enerhash COO Balazs Jogg, an expert in construction and direct operation responsibilities. With a wealth of experience to his name, Jogg’s leadership heralds a new era in the realm of energy solutions. Set in West Texas, his role as the driving technical force behind the project ensures a convergence of expertise and dedication that is bound to yield excellent results. As construction gears up and operations begin, Jogg’s presence marks the start of a transformative journey for the companies Enerhash, Allied Energy Corp., River Energy Group, LLC, and Sloan Petroleum into the Bitcoin mining industry.
Experienced leaders in the oil and gas industry, George Monteith and Del Sloan, extended a heartfelt welcome to Balazs Jogg as he takes on this pivotal role. Their endorsement of this partnership underscores the significance of the project and the potential it holds for ushering in a more sustainable and greener future. Jogg arrived on the ground in Texas in August from Budapest, Hungary. Jogg is working diligently to establish mining operations at the initial flare gas site. The site planning is finalized, and the project execution has started.
The collective strength of Enerhash, Allied Energy, River Energy, and Sloan Petroleum goes beyond individual capabilities. Representing over one hundred years of experience in the oil & gas industry, energy management, bitcoin mining, and capital markets, these companies will be pointing all their experience into off grid bitcoin mining.
“We believe that true progress is only possible when like-minded pioneers come together,” said George Monteith, emphasizing the importance of unity in achieving ambitious goals. “With Jogg on the ground working on initial setups we’ve made a powerful statement that Allied is committed to seeing the initial 20MW Bitcoin mining project through to completion.
Del Sloan echoed this sentiment, stating, “Our partnership is a beacon of hope for a brighter, more sustainable future while doing something truly useful with the flare gas often expelled into the atmosphere through fires. By harnessing our collective expertise, we are not merely stopping at eliminating routine flaring; we are propelling towards a future defined by innovation and environmental stewardship. We are also thrilled to see recent renewed excitement within the Bitcoin community.”
A spokesperson for River Energy Group, LLC added; “This collaboration utilizes the latest technologies to unlock the potential uses of flare gas. We are delivering an affordable clean energy supply for end-users.”
Good morning, sir. Hope all is well. Where is the threat bruh? Are you drinking again?
Tough guy aka “clown show pepeoil” threatening me in DM’s. Keep it up
Yep, but this one was diffffferent. They hired a bankrupt prominent oil dude. Lol.
crow, I don't want to diminish your record on spotting O&G scams,
But if you said that EVERY pink O&G was a scam---you'd be batting about .950
Pepe and I have been exposing Texas Oil SCAMS for years..
Do some DD to see!
Sorry for your loss here with AGYP. you should have listen to us long ago!
Hey Old Timer. Be honest with your self.
Would you be better or worse off, with AGYP, if you had listened to the 3 bashers?
The three of us spotted The Gyp for a scam, from the get go, and said so. We were right.
Then why does it take up so much space in your head? Your obsession is comparable to that other clown @pepeoil
You own this TRASH I do not!
You talk so much trash, hopefully you loose your ass..
Why was AGYP up 11% will all sells today?
Word is old Bankrupt Boyles is going to bring Brandon Toth on as a consultant. Brandon I’d going to put the Kosciusko well into the gyps portfolio of junk watered out rusted up wells
They had zero production in May. Lol. None of the wells produced a quart of oil. Lol
ANNIE GILMER (MISS)
GILMER, ANNIE ET AL
GILMER, ANNIE ET AL
PEG'S DRAW (MISSISSIPPIAN)
PROMETHEUS 28 UNIT
Yep, if they leave the Prometheus well off for 6 months and then turn it on, it might make 40 bbls one day. Lol. Not per day.
I guess A-GYP is progressing on te Gas Off Tae Agreement. Throwing around words like fracking. Moving toward that two year target of 40 bbls/day at Prometheus.
But don't know how that's going because haven't see a production report for The for The GYP about 6 months.
The best news is that the Paint it Green Crew, is keeping it above.01.
How is that joint operating committee
Hahaha. So he’s a used car salesman. We’ll still riding POS out.
Oj Mr Carp! Take off that worry hat and stuff it the back of a dark closet!
MtrMonthief issued loooong PR, just two short months ago. It was about 1500 words. And Oh What Words!
The subject of the loooooong PR was the Prometheus well. A ~10 bbl/day depleted old well.
Words like, Strategic Joint Operating Agreement, Gas Off Take Agreement, fracking, Thiel, Enerhash, Bitcoin, 40 barrels per day,, prolific!!!
The SJOA ( Strategic Joint Operating Agreement) is with Texas powerhouse, Miller something or other. Just think of THAT! Move over EXXON Mobile!
The GYP is on the march. To Da MOON!
Hi carp. The Paint it Greenies are still on board.
"Announcements for penny OTC stocks most of the time dont' mean s---, "
Johnnie, your preaching to the choir.
How very true! Especially from someone with Monthief's sorry record.. Most, if not all of the people, on this Board know that..
Just look at the excitement generated from Monthif;f last several releases.
How many times does it have to be said in order for it to sink in!!! Announcements for penny OTC stocks most of the time dont' mean s---, and there is very little reaction until actual results are announced and proven.
Why is this so hard for people to understand?
It the results are good than it is great for shareholders, if the results are bad, then it may be time to move on to something else.
WAIT FOR THE RESULTS!!!!!!!
"EWS: Allied Energy Corp Enters Strategic Joint Operating Agreement with Miller ESP, LLC"
What is a "Strategic Joint Operating Agreement"? Any ideas?
"Gas Offtake" and " Strategic Joint Operating Agreement" sound like pure Monthief word salad.
Looks like i'm not the only one that has little to no confidence in Monthief's babble.
Only 8 posts by, shareholders, in the past 20 days, despite the two Monster PRs..
AGYP Allied Enters into Gas Offtake Agreement ---"
What is a "Gas Offtake Agreement"? Any ideas?
AGYP is still a POS trying to lure folks in on Bullshit!
Did they ever clean up the environmental damage around the Prometheus well ?
Yep, that is a strange way to say someone else is taking over our disaster
Did this come out today? So I’m guessing Allied doesn’t have the magic they tout about squeezing more oil out of old wells. Also am I the only shareholder? Why doesn’t anybody but naysayers speak on this thread? I would really like to see this stock start going north.
NEWS: Allied Energy Corp Enters Strategic Joint Operating Agreement with Miller ESP, LLC
Allied Energy Corp (OTC: AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon area in the United States, is pleased to announce that the Company has entered into a formal Joint Operating Agreement (JOA) with Miller ESP, LLC for the Prometheus Lease and the Justice Heirs SWD Lease.
Allied Energy Corp was pleased to identify at least six ways in which this JOA with Miller ESP (https://elitesubpump.com/aboutus.php) will enable the Company to maximize oil production throughout 2023 and beyond of the Prometheus Lease primarily and to a lesser extend the Justice Heirs Lease. Those six ways include:
1. Cost Sharing: The expenses associated with oil production can be substantial. Through this JOA, Allied can share the financial burden with the equipment provider. This arrangement allows for cost sharing on items such as equipment purchase or rental, maintenance, repairs, and other operational expenses.
2. Access to Specialized Equipment: Miller gives Allied access to a wider range of specialized equipment that may be necessary for efficient and effective operations. This access can enhance Allied's capabilities and increase our chances of success.
3. Expertise and Experience: Miller possesses extensive knowledge and experience in the oil industry. By entering into a JOA, Allied can benefit from the expertise of Miller, who will undoubtedly provide valuable insights and guidance on operational strategies, safety protocols, and best practices. Allied anticipates this collaboration to lead to more efficient and successful oil operations.
4. Operational Efficiency: Jointly operating with Miller should lead to improved operational efficiency. Miller can handle the logistics of equipment mobilization, setup, and maintenance, allowing Allied to focus on their core competencies. This division of labor can result in streamlined operations, reduced downtime, and improved overall productivity.
5. Risk Mitigation: Oil production involves inherent risks, including technical challenges, regulatory compliance, and market volatility. Sharing the risk with a trusted and experienced equipment provider through this JOA will help mitigate some of these risks. Miller's knowledge and resources can contribute to risk assessment, contingency planning, and the implementation of appropriate risk management strategies.
6. Local Relationships and Networks: Miller has established relationships with other key stakeholders in the oil industry, such as suppliers, service companies, and regulatory authorities. Through this JOA, Allied can leverage these existing networks to access additional resources, support services, and industry connections, which the Company feels will be advantageous for maximizing and growing operations.
Allied CEO George Monteith commented: "Basically this JOA means more uptime and more oil production! We believe that Miller can help us bring the Prometheus back quickly to over 40 barrels per day production. This formal relationship also opens other doors for potential new projects. I'm delighted to publicly share that what I've been working on for months with Miller ESP, LLC has now been formally consummated. This is very good news for Allied and our valued stakeholders."
The Company continues active work at the Thiel site with Enerhash and River LLC in an effort to bring the initial Bitcoin mining site using flare-gas generators online. Investors can expect updates on this front soon as progress is being made daily.
Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."