Never Give Up. Climb ALL The Mountains ...
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And every time WTI Crude and Brent Crude oil prices go higher, $AGYP assets grow in valuation.
Many is unaware of key developments that are taking place right now with Allied Energy and its lease like Prometheus site >>
Remember, many analysts are calling for triple digit oil by the time $AGYP is producing and selling more oil.
Morning BCN. Nice Reminder!!
$AGYP hitting nHOD 0.3285
Strong Vision by CEO George Montieth!!! He and $AGYP team are a tremendous asset to the future of this company. They're the people you can trust, which is quite unlike most management teams for OTC stocks.
Indeed. $AGYP mngmt has devoted their time and energy to these sites in order to achieve more production and selling this year. They have been working consistently to maintain its production timeline
Yes, you're right! Constant support here around 0.31's
For sure $AGYP is showing its Progress in 2022. Wait the Q1-2022 Result
Yes.. Transparency is very rare in OTC. The KEY here I think is the strong value from the management
Here's $AGYP OUTLOOK FOR GILMER LEASE IN 2022 >> Initial production data indicates that the pumping set up was insufficient to move the amount of fluids required using the gas bleed from the Wells. The current pump set-up yielded between 160 and 300 barrels of total fluids per day; however, the company discerned to achieve maximum potential at the Mississippi formation a pump setup that attains 1000 barrels of fluid per day, per well is required. The wells were showing between 2% to 5% oil cut even with these low pumping volumes.
Company has DONE with ESP installation >> Allied is currently in discussions with Tri-County to schedule installation for a 3- phase/200 amp service to the Gilmer Lease in Q1. As soon as electrical power is installed Allied will set an electrical submersible pump (ESP) in one of the wells to handle 1500 barrels of fluid per day. Allied will pump the well down and assess the data over a period of 60 days. Based on the results, we will repeat the process on each well until the lease is fully operational.
Here's $AGYP GILMER LEASE REVIEW IN 2021 >> An executive summary of the Gilmer Lease was commissioned by the Company and completed by Petroleum Engineer Mark D. McBryde: https://www.otcmarkets.com/otcapi/company/financial-report/293640/content
The Annie Gilmer lease is a 300-acre site in the small community of Crystal Falls, Texas on the banks of the Clear Fork of the Brazos River, approximately thirty miles north of the town of Breckenridge, Texas.
During Q3 and Q4 of 2021 at the Annie Gilmer Lease, Allied reworked Well #1 and Well #5 and subsequently connected the wells to a gas powered generator for electrical power to run the pumps. The Company chose to work with gas generators initially because Tri-County estimated that it would take up to 5 months to bring upgraded electrical power (3-phase) to the site. Based on the production data received during several months of pumping during September through November Allied assessed that the gas driven motors did not provide sufficient power to effectively pump the Wells down, it was also not cost-effective based on our models.
On the latest Press Release (Jan 20), $AGYP mentioned that they are on discussion to install ESP on Gilmer Lease.
2 DAYS AGO, they've done doing it.. EXCELLENT Company!!
https://www.globenewswire.com/news-release/2022/01/20/2370179/0/en/Allied-Energy-Corporation-Reviews-2021-Oil-Leases-Progress-to-Production-and-Provides-2022-Outlook.html
Borets is on site at the Green Lease working on Well M-1 to complete an electrical submersible pump performance upgrade. Work will be completed today and start-up operations will begin this afternoon. pic.twitter.com/VY59AzbCX5
— Allied Energy Corporation (@AlliedEnergyCo1) February 9, 2022
This is a Great Catalyst for $AGYP adding the tons of catalysts she already has.
More oil pump with the ESP since it said to be ‘especially effective in wells with low bottomhole pressure, low gas/oil ratio, low bubblepoint, high water cut, or low API gravity fluids.’
$AGYP
Adding the ESP technology to the Gilmer site would create a new level of production... ESP on the Gilmer site, pump more than 1,500 barrels of fluid daily.
$AGYP
Good to see $AGYP has already upgraded electrical access to their Gilmer site
Borets is on site at the Green Lease working on Well M-1 to complete an electrical submersible pump performance upgrade. Work will be completed today and start-up operations will begin this afternoon. pic.twitter.com/VY59AzbCX5
— Allied Energy Corporation (@AlliedEnergyCo1) February 9, 2022
AGYP PRODUCTION AT ANNIE GILMER AND PROMETHEUS SITES
** At Annie Gilmer site, AGYP's pumps are producing between 160 and 300 barrels of total fluids daily. They have a 2.5-5% oil cut. A newer and more powerful electrical submersible pump (ESP) is designed to handle 1,500 barrels of fluid daily. At a 2.5% oil cut, that's 37.5 barrels daily or 13,687.5 barrels annually. At a $80 price per barrel, that's $1,095,000 annually.
** At a 5% cut, even higher prices result. This cut would mean 75 barrels daily. At $80 per barrel, annualized value would reach $2,190,000.
** Annie Gilmer oil production could grow higher as AGYP is in talks with Tri-County to set up 3-phase/200 amp service and add the ESP electrical pumps.
** At its Prometheus lease Well 1H, AGYP is pumping more. AGYP is pumping 2,000 to 2,400 barrels of fluid daily. At the same cut of 2.5%, it is pumping 50 barrels of oil daily. Using a $80 oil price for our projection, that gives AGYP $4,000 daily. Annually, it would translate into $1,460,000.
AGYP Time is coming... I'm Adding.. Tick Tock Tick Tock
https://www.cnbc.com/2022/02/03/us-oil-prices-top-90-a-barrel-for-the-first-time-since-2014.html" target="_blank" title="Stock quote for Oil On The Rise
Quote:
Oil prices continue to increase. Over $90!
https://www.cnbc.com/2022/02/03/us-oil-prices-top-90-a-barrel-for-the-first-time-since-2014.html" >Oil On The Rise
Quote:
Oil prices continue to increase. Over $90!
https://www.cnbc.com/2022/02/03/us-oil-prices-top-90-a-barrel-for-the-first-time-since-2014.html
Once $AGYP break through the top trend line at $0.33, this will fly IMO
Big YES!! $AGYP has several other potential producing projects on the horizon
Good Morning Rarity... This one's embarking on a multi-month uptrend and our fun's still barely getting started
$AGYP
These are great entry prices! As a reminder, her 52wk high at 0.83
$AGYP
Yup.. $AGYP has NO CHANGE in O/S since March 3, 2021 (last year)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162398226&txt2find=share|structure
Shorts who very worried their short position are in deep trouble
$AGYP is very close to having six wells pumping 7 days a week and about be doing 300-400 barrels a day within the quarter, lets see!
And $AGYP management does not dilute. Hence, longs keep hold support for this one
crowin... Here's company's email >> info@alliedengycorp.com
You can email by yourself... You are here on this board by the way!
$AGYP DELIVERS what they promised!! I noticed a while ago, company told that they will be switching from gas generators to a 3- phase/200 amp electric service (ESP) to power production at the company’s Annie Gilmer Lease...
https://www.drpjournal.com/is-oil-and-gas-explorer-agyp-going-electric/
Yes $AGYP buying volume greater than selling volume
Judging by the trades, I am guessing we see a big bounce from the these levels on Power Hour
$AGYP
Signal pointing to ballistic move. Anyone selling at these levels is a moron.
NICE!!! Folks without shares be kicking themselves.
It's coming.. We will see a strong afternoon today
$AGYP
$AGYP holding on support at 0.30's despite the shorts endless attacks
YES! I grabbed myself a starter this morning
This is gonna be an excellent loading day while $AGYP is staying green. All signs point to strong base for big bounce, imo
Follow the $$$$$ & keep the shares tight in your fingers.
Excellent heads out! >>
Thanks for bringing this up.. This is the IMPORTANT Catalyst! >>