Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah I also said this....But hey the wells inspection info is all on the RRC site.. If one is willing to look for it...
Note the dates! Note the well head! Note the mesa in the background.. Note the pulled pipe.. You know when pulling pipe there is gonna be a mess to clean up and AGYP did. Note the wellhead and lack of the piping in the Dec images...
$AGYP, Prometheus Project pic.twitter.com/CnRZpe8Qxo
— Allied Energy Corporation (@AlliedEnergyCo1) October 19, 2021
$AGYP, Prometheus Project - video pic.twitter.com/cTDbeYp42F
— Allied Energy Corporation (@AlliedEnergyCo1) October 19, 2021
$AGYP, Prometheus Project - video #2 pic.twitter.com/l5AqWXEUem
— Allied Energy Corporation (@AlliedEnergyCo1) October 22, 2021
$AGYP, Prometheus Well 1H being prepared this past weekend for operations. The Well in now online and the water is being pumped off to pull in the oil cut. pic.twitter.com/XNiTwkL2ct
— Allied Energy Corporation (@AlliedEnergyCo1) December 7, 2021
Clearly copy and past guy forgot to include that list is only partially updated through May... But hey I understand the difficulties with RRC site..
Nonsense..
BS! Your claim and pic was in OCT of 2021 just as AGYP became the operator... here is the same site on December...
Here is the tweet updating us on the site..
$AGYP, Prometheus Well 1H being prepared this past weekend for operations. The Well in now online and the water is being pumped off to pull in the oil cut. pic.twitter.com/XNiTwkL2ct
— Allied Energy Corporation (@AlliedEnergyCo1) December 7, 2021
We've Applied to Trade on the OTCQB Venture Marketplace!
— Xcelerate, Inc. (@XcelerateUS) June 22, 2022
Check out this morning's press release for more details on our uplisting intentions. https://t.co/tWenIHNuRR#OTCMarkets #OTCQB #Medical $XCRT pic.twitter.com/6stLnqwJLS
Looking at the production history of this lease THIEL UNIT, Lease No: 160814, Well No: 1. The JENEX PETROLEUM CORPORATION operator #431135 reported production on the lease from July 2009 to April 2017.. that is 93 months.. with a average production 5618.93 MCF per month at the current spot rate of $7.70 for June this year. that comes to $43,265.76 per month.
From May 2017 to Feb 2020 33 months under operator POINTER EXPLORATION CO, LLC operator #668908 the average was 3107.03 MCF per month with the last spot rate of $7.70 for June that comes to $23924.13 per month .. But the Leak was discovered in Feb 2020 because production stopped after that... With ZERO production since Feb 2020 I am not sure how there could be a peak MCF of 69 in the last 12 months... but the Historical peak is FAR FAR greater than 69 MCF not to mention the last time the well was producing.. I just got off the phone with the RRC and the 69MCF number is not accurate since the well has not been producing since feb 2020
With that said no matter how you look at it the well when brought back on line does increase the company's value.. what could be next?
You can find the info here.. Using lease number 160814 and using district 3 on the drop down and selecting Gas and the well type.
http://webapps.rrc.texas.gov/PDQ/home.do
You can find the current spot rate here..
https://www.eia.gov/dnav/ng/hist/rngwhhdm.htm
Hey OTCtrader81, things are moving along nicely and the audit is completed. Now we are just waiting on OTCMarkets to review everything. That process should be less than a few weeks.
— Xcelerate, Inc. (@XcelerateUS) June 27, 2022
Saltwater argument is nonsense... the W10 filings show these wells are 1:2 oil to water ratio and at worst (1 well)3:10 which is far better than the state average..
https://www.texaswater.org/policy
AHEM!!!!!! Excuse me.
Not so salty...
https://www.texaswater.org/policy
One down three to go... Remember they keep delivering..
Going with the Texas Water Foundation ratio averages, I would say we are, well (pun intended) above the average.
Both Green lease wells average according to their W-10 filing a oil to water ratio of 15:30, simplified its 1:2 ratio. Same ratio applies for Gilmer well #2
Gilmer well #5 has a oil to water ratio of 15-50. simplified to 3:10.
incase understanding ratios are lost to time
I called this progression...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168691760
A whole lot of....
Agreed. The only reason oil is this low now is because of SPR releases.. The US SPR is at the lowest level since 1987.
https://www.reuters.com/markets/commodities/us-strategic-petroleum-reserve-drops-lowest-level-since-1987-2022-05-16/
Soon..
Remember the price is being held down.. https://finance.yahoo.com/news/1-u-strategic-petroleum-drops-172643544.html
WTI crude $113.58
WTI crude $112.10
Na, point less... I just find it comical how every thing is "wrong" or "Suspect" or "nefarious" in nature.. Not really sure why I engage with obvious intention to infect pessimism.
What ever you need to maintain perceived superiority... HAGW