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$AGYP undervalued oil play with update out yesterday. Only 47M in the float.
Allied Energy Provides Natural Gas Data From Third Party on New Thiel Lease Acquisition
Press Release | 09/01/2022
Carrollton, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Allied Energy Corp (OTC Pink: 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 provide a shareholder update regarding the Company's new Thiel Lease acquisition in Washington County, Texas.
Fesco Petroleum Engineers in Alice Texas (www.fescoinc.com) ran a series of tests on the Company's Thiel Lease between July 20 and July 21, 2022. During the duration of the Fesco test the well produced over 800MCF natural gas.
The test numbers from Fesco are inline with the data Allied received and analyzed while the Thiel Well was operated by Jenex Petroleum Corporation from 2009 to 2021. During this time the Thiel Well reported numbers of approximately 8,080,000 cubic feet of natural gas per day (or about 880MCF per day). The Company is moving forward with a plan to begin leveraging the natural gas production of the Thiel.
CEO George Montieth commented on the Fesco test of the Thiel Well: "Data is everything in the oil and gas business. Quality data helps us to evaluate how best to spend resources on key projects in an effort to grow the overall business while maximizing our corporate bottom line. We are thrilled that the Fesco test validates the due diligence we performed on the Thiel pre-acquisition and 800+MCF per day opens the door for some unique opportunities. My conviction is that there are vast untapped natural gas resources right here in Texas and all over the United States, it is my intention to begin leveraging the undiscovered value in many of these wells. We have a plan mapped out for the remainder of 2022 and 2023, and I look forward to sharing it with our shareholders as these developments continue to unfold."
Natural gas is commonplace in many oil wells and often becomes "flare gas." For those that have seen oil fields at night and have noticed what appear to be bright flames, that is the flare off gas (natural gas) being expelled into the atmosphere. Without being hooked into a natural gas pipeline, lighting the flare gas is simply the easiest way to handle this natural resource that accompanies oil production as it reduces well pressure to levels. However, this is an environmentally unfriendly way to handle flare gas and a waste of a resource that is exponentially growing in demand. Allied believes it has a unique and environmentally friendly solution to harvest and utilize the natural gas at many of these wells.
In other news, the Prometheus Well 1-H has undergone a series of repairs and updates to ensure maximal production and longevity. In particular, Allied updated piping to the saltwater disposal well to ensure its integrity. These improvements occurred between June 10, 2022 through July 28, 2022 and as of July 28, 2022 the 1-H Well was put back on line.
The Company invites any and all interested parties to check back regularly at https://alliedengycorp.com/ and the corporate Twitter account https://twitter.com/AlliedEnergyCo1
$AGYP undervalued oil play with update out yesterday. Only 47M in the float.
Allied Energy Provides Natural Gas Data From Third Party on New Thiel Lease Acquisition
Press Release | 09/01/2022
Carrollton, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Allied Energy Corp (OTC Pink: 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 provide a shareholder update regarding the Company's new Thiel Lease acquisition in Washington County, Texas.
Fesco Petroleum Engineers in Alice Texas (www.fescoinc.com) ran a series of tests on the Company's Thiel Lease between July 20 and July 21, 2022. During the duration of the Fesco test the well produced over 800MCF natural gas.
The test numbers from Fesco are inline with the data Allied received and analyzed while the Thiel Well was operated by Jenex Petroleum Corporation from 2009 to 2021. During this time the Thiel Well reported numbers of approximately 8,080,000 cubic feet of natural gas per day (or about 880MCF per day). The Company is moving forward with a plan to begin leveraging the natural gas production of the Thiel.
CEO George Montieth commented on the Fesco test of the Thiel Well: "Data is everything in the oil and gas business. Quality data helps us to evaluate how best to spend resources on key projects in an effort to grow the overall business while maximizing our corporate bottom line. We are thrilled that the Fesco test validates the due diligence we performed on the Thiel pre-acquisition and 800+MCF per day opens the door for some unique opportunities. My conviction is that there are vast untapped natural gas resources right here in Texas and all over the United States, it is my intention to begin leveraging the undiscovered value in many of these wells. We have a plan mapped out for the remainder of 2022 and 2023, and I look forward to sharing it with our shareholders as these developments continue to unfold."
Natural gas is commonplace in many oil wells and often becomes "flare gas." For those that have seen oil fields at night and have noticed what appear to be bright flames, that is the flare off gas (natural gas) being expelled into the atmosphere. Without being hooked into a natural gas pipeline, lighting the flare gas is simply the easiest way to handle this natural resource that accompanies oil production as it reduces well pressure to levels. However, this is an environmentally unfriendly way to handle flare gas and a waste of a resource that is exponentially growing in demand. Allied believes it has a unique and environmentally friendly solution to harvest and utilize the natural gas at many of these wells.
In other news, the Prometheus Well 1-H has undergone a series of repairs and updates to ensure maximal production and longevity. In particular, Allied updated piping to the saltwater disposal well to ensure its integrity. These improvements occurred between June 10, 2022 through July 28, 2022 and as of July 28, 2022 the 1-H Well was put back on line.
The Company invites any and all interested parties to check back regularly at https://alliedengycorp.com/ and the corporate Twitter account https://twitter.com/AlliedEnergyCo1
Allied Energy Provides Natural Gas Data From Third Party on New Thiel Lease Acquisition
Press Release | 09/01/2022
Carrollton, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Allied Energy Corp (OTC Pink: 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 provide a shareholder update regarding the Company's new Thiel Lease acquisition in Washington County, Texas.
Fesco Petroleum Engineers in Alice Texas (www.fescoinc.com) ran a series of tests on the Company's Thiel Lease between July 20 and July 21, 2022. During the duration of the Fesco test the well produced over 800MCF natural gas.
The test numbers from Fesco are inline with the data Allied received and analyzed while the Thiel Well was operated by Jenex Petroleum Corporation from 2009 to 2021. During this time the Thiel Well reported numbers of approximately 8,080,000 cubic feet of natural gas per day (or about 880MCF per day). The Company is moving forward with a plan to begin leveraging the natural gas production of the Thiel.
CEO George Montieth commented on the Fesco test of the Thiel Well: "Data is everything in the oil and gas business. Quality data helps us to evaluate how best to spend resources on key projects in an effort to grow the overall business while maximizing our corporate bottom line. We are thrilled that the Fesco test validates the due diligence we performed on the Thiel pre-acquisition and 800+MCF per day opens the door for some unique opportunities. My conviction is that there are vast untapped natural gas resources right here in Texas and all over the United States, it is my intention to begin leveraging the undiscovered value in many of these wells. We have a plan mapped out for the remainder of 2022 and 2023, and I look forward to sharing it with our shareholders as these developments continue to unfold."
Natural gas is commonplace in many oil wells and often becomes "flare gas." For those that have seen oil fields at night and have noticed what appear to be bright flames, that is the flare off gas (natural gas) being expelled into the atmosphere. Without being hooked into a natural gas pipeline, lighting the flare gas is simply the easiest way to handle this natural resource that accompanies oil production as it reduces well pressure to levels. However, this is an environmentally unfriendly way to handle flare gas and a waste of a resource that is exponentially growing in demand. Allied believes it has a unique and environmentally friendly solution to harvest and utilize the natural gas at many of these wells.
In other news, the Prometheus Well 1-H has undergone a series of repairs and updates to ensure maximal production and longevity. In particular, Allied updated piping to the saltwater disposal well to ensure its integrity. These improvements occurred between June 10, 2022 through July 28, 2022 and as of July 28, 2022 the 1-H Well was put back on line.
The Company invites any and all interested parties to check back regularly at https://alliedengycorp.com/ and the corporate Twitter account https://twitter.com/AlliedEnergyCo1
$AGYP
Really? You have proof of this? No you do not.
Agreed, no dilution here. 47M float and it is unchanged for over a year!
$AGYP
Recap of all recent news. No brainer here! $INKW
Camping World Provides Order to Begin Shipping Over 10,000 Cases of Be Water to Jackson Mississippi
https://www.globenewswire.com/news-release/2022/09/01/2508133/0/en/Camping-World-Provides-Order-to-Begin-Shipping-Over-10-000-Cases-of-Be-Water-to-Jackson-Mississippi.html
Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery RetailerPress Release | 08/18/2022
https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Distributor-H2O-Artesian-Finalizes-Deal-With-200-Store-Grocery-Retailer?id=369371
Greene Concepts Sponsors Dawson Cram for Upcoming NASCAR 2022 Xfinity Series Races Press Release | 08/17/2022
https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Sponsors-Dawson-Cram-for-Upcoming-NASCAR-2022-Xfinity-Series-Races?id=369189
Greene Concepts Upgrades and Modernizes its Marion, NC Beverage & Bottling Plant to Prepare for Accelerated Growth and Sales Volume Press Release | 08/16/2022
https://www.otcmarkets.com/stock/INKW/news/Greene-Concepts-Upgrades-and-Modernizes-its-Marion-NC-Beverage--Bottling-Plant-to-Prepare-for-Accelerated-Growth-and-Sal?id=368986
Greene Concepts Announces Agreement with Lunchbox Distribution, LLC to Distribute its Happy Mellow CBD Immune Support Beverage to Over 1,500 U.S. Retail Locations
https://www.globenewswire.com/news-release/2022/08/23/2503136/0/en/Greene-Concepts-Announces-Agreement-with-Lunchbox-Distribution-LLC-to-Distribute-its-Happy-Mellow-CBD-Immune-Support-Beverage-to-Over-1-500-U-S-Retail-Locations.html
$INKW grabbed a starter today on big news out! Currently at .008, but hit over .02 last week >>
Camping World Provides Order to Begin Shipping Over 10,000 Cases of Be Water to Jackson Mississippi
August 31, 2022 21:16 ET | Source: Greene Concepts, Inc.
https://www.globenewswire.com/news-release/2022/09/01/2508133/0/en/Camping-World-Provides-Order-to-Begin-Shipping-Over-10-000-Cases-of-Be-Water-to-Jackson-Mississippi.html
$INKW grabbed a starter today on big news out! Currently at .008, but hit over .02 last week >>
Camping World Provides Order to Begin Shipping Over 10,000 Cases of Be Water to Jackson Mississippi
August 31, 2022 21:16 ET | Source: Greene Concepts, Inc.
https://www.globenewswire.com/news-release/2022/09/01/2508133/0/en/Camping-World-Provides-Order-to-Begin-Shipping-Over-10-000-Cases-of-Be-Water-to-Jackson-Mississippi.html
Grabbed a starter on this news! Have been waiting on this dip. Thank you to the moron that put that fake ask up :)
Camping World Provides Order to Begin Shipping Over 10,000 Cases of Be Water to Jackson Mississippi
August 31, 2022 21:16 ET | Source: Greene Concepts, Inc.
https://www.globenewswire.com/news-release/2022/09/01/2508133/0/en/Camping-World-Provides-Order-to-Begin-Shipping-Over-10-000-Cases-of-Be-Water-to-Jackson-Mississippi.html
Agreed!
High volume will move this low floater out of the teens easily!
$AGYP
Yep! Looking forward to strong updates! Float is only 47M and has NOT changed in over a year.
lots of big things coming,, hold tight
$AGYP
Absolutely!
High volume and buying pressure get launch us out of this zone easily!
$AGYP
Bids are moving up as buys coming through. Needs more volume to move AGYP over .15. Just a matter of time. Holding what I have.
Agreed, BCN. That link has actual factual data, unlike many of the negative posters here that constantly yell saltwater. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168996726
During oil and gas extraction a wastewater byproduct made up of i) water from the geologic formation, ii) flowback water from injection and iii) any chemical added downhole is also produced. That is wastewater byproduct it is referred to as produced water. Ratios of produced water to oil in Texas average 5.1 but can range from 1.1 to 8.1 in unconventional gun conventional development and 3.1 to 22.1 in conventional fields
https://www.texaswater.org/policy
This was mentioned in the post link below and is a must read:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168996726
Only 10k on the ask at .1359 with solid bids stacked.
$AGYP
Only 10k on the ask at .1359 with solid bids stacked.
$AGYP
Over 4M on bid at .0024
Lower volume day. Bids stacking up.
Around 200k shares bought in the .13s yesterday! Volume picked up greatly yesterday. Should be a good day.
$AGYP
$CBGL over 4M on bid at .0024. Hit 0044 yesterday. Multiple updates out this week >>
$CBGL dip op at .0025 after hitting .0044 yesterday. Update out today >>
Cannabis Global Retains AGORACOM to Launch Online Investor Relations Program and Social Media Marketing Channel
ACCESSWIRE | 08/24/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2303728
https://finance.yahoo.com/news/cannabis-global-retains-agoracom-launch-120000571.html
$CBGL over 4M on bid at .0024. Hit 0044 yesterday. Multiple updates out this week >>
$CBGL dip op at .0025 after hitting .0044 yesterday. Update out today >>
Cannabis Global Retains AGORACOM to Launch Online Investor Relations Program and Social Media Marketing Channel
ACCESSWIRE | 08/24/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2303728
https://finance.yahoo.com/news/cannabis-global-retains-agoracom-launch-120000571.html
Moving back up. Large buys now at .0026. I think 25 was bottom.
$CBGL dip op at .0025 after hitting .0044 yesterday. Update out today >>
Cannabis Global Retains AGORACOM to Launch Online Investor Relations Program and Social Media Marketing Channel
ACCESSWIRE | 08/24/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2303728
https://finance.yahoo.com/news/cannabis-global-retains-agoracom-launch-120000571.html
$CBGL dip op at .0025 after hitting .0044 yesterday. Update out today >>
Cannabis Global Retains AGORACOM to Launch Online Investor Relations Program and Social Media Marketing Channel
ACCESSWIRE | 08/24/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2303728
https://finance.yahoo.com/news/cannabis-global-retains-agoracom-launch-120000571.html
Good morning! AGYP had very nice buys in the .13s yesterday. Looking forward to continuation today.
This from today's update. Nice transparency >>
Effective immediately, a customized and monitored Cannabis Global IR HUB will be available at https://agoracom.com/ir/cannabisglobal allowing management to communicate with shareholders anytime and in near real-time through an electronic shareholder forum https://agoracom.com/ir/cannabisglobal/forums/discussion.
I just saw that CBGL has more news out this morning. I am including below as well as a recap of Tuesday's update:
Cannabis Global Retains AGORACOM to Launch Online Investor Relations Program and Social Media Marketing Channel
ACCESSWIRE | 08/24/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2303728
Cannabis Global Selected as Preferred Manufacturing Partner for New Product Class - Cannabis Infused Drinking Straws
ACCESSWIRE | 08/23/2022
https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2302640
Looks like there was around 200k shares purchased in the .13s today. Nice close.
$AGYP
76k buy at .13. Nice!
$AGYP
So true!
Really, the painting crew huh? What about the short selling paint crew or do you not watch those trades?
I've personally seen more 100 share bid whacks on AGYP than on any other stock in history and lately they are every day at the close or close to it. That a $14 trade to the bid, and you're talking about painting crew lol
Very nice news and volume today on CBGL! Watching for .005 break.
Close at .1347 +7%
$AGYP
Agreed! Bids building.
I agree with you. Lots of potential here. I have added where I could.
Listen to him at 6 mins and 19 secs on the video, listen to what he says there. It is why this company will be IMHO trading at dollars per share in the coming months not pennies.
Its coming and shorts will have a truly eye opening issue to deal with when it does, again IMHO.
Over 50k shares stacked on bid in the .12s.
Agreed, looking forward to updates! :)
Outstanding Interview! All share holders and those interested in investing in this company should watch this interview. Some great details on company revenue, current and future plans for existing leases and some insight into future capital investments and income.
$AGYP ~ Allied Energy Corp CEO Interview with George Montieth Q2-Q3 2022
$AGYP CEO George Montieth discusses progress made in the past year and sets a bright vision for the future.
https://t.co/0edYXryfUk
#Oil #Gas
Allied Energy Corp CEO Interview with George Montieth Q2-Q3 2022
$AGYP CEO George Montieth discusses progress made in the past year and sets a bright vision for the future.
https://t.co/0edYXryfUk
Agreed, the float is only 47M, and unchanged, with no large selling.
There's literally no dilution lol? Just look at the share structure for confirmation...
$AGYP
Watching the bids move above current PPS. Nice bid block.
Here is a recap of all recent news. We should be seeing updates soon:
https://www.barchart.com/stocks/quotes/AGYP/news