Never Give Up. Climb ALL The Mountains ...
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.
And every time WTI Crude and Brent Crude oil prices go higher, $AGYP assets grow in valuation.
That's true and with the current price of oil increasing it only adds to the current catalysts underway.
Quote:
Many is unaware of key developments that are taking place right now with Allied Energy and its lease like Prometheus site >>
Many is unaware of key developments that are taking place right now with Allied Energy and its lease like Prometheus site >>
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. At an $80 price, that gives AGYP $4,000 daily that would translate into $1,460,000 annually. $AGYP
Remember, many analysts are calling for triple digit oil by the time $AGYP is producing and selling more oil.
Morning BCN. Nice Reminder!!
$AGYP has sold 3 loads (approximately 160-170 barrels per load) of oil so far this January from our Prometheus lease. Allied continues to monitor data from Well 1H in our ongoing efforts to increase daily oil production. #Production #AmericanOil #TexasOil
$AGYP has sold 3 loads (approximately 160-170 barrels per load) of oil so far this January from our Prometheus lease. Allied continues to monitor data from Well 1H in our ongoing efforts to increase daily oil production. #Production #AmericanOil #TexasOil pic.twitter.com/dJCij5327A
— Allied Energy Corporation (@AlliedEnergyCo1) January 26, 2022
$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.
Here is a recent quote from the CEO:
CEO George Montieth summarized 2021 as a year of laying foundations: "Yes, 2021 was a foundational year for Allied in which the Company successfully achieved initial production at three of our lease sites. I am genuinely proud of my team in the field for their hard work and dedication. In less than a year our team has done almost everything we set out to do. Sure, there have been hiccups and challenges along the way, but there are with every company. We enjoy meeting these challenges head on every day, it's what we love about building Allied Energy. From a practical side we also understand that whether it's getting power to the Gilmer Wells sooner or the weather delays we were met with throughout the spring season, some things are out of your control timing wise. We now go into 2022 as a producing oil company that is selling oil to our contracted agent. Our initial production numbers have barely scratched the surface of the real potential of Allied's six existing well projects. Now that we have this foundation of six active wells, I intend to build upon that throughout 2022 by maximizing production at each well, adding new wells and leases along with other strategic ventures to benefit the company and its shareholders. Allied is a producing all-American oil company that is in the right place at the right time in history. I could not be more excited about the prospects for the upcoming year and again remain proud that we accomplished the majority of our 2021 goals as outlined to our shareholders, most notably becoming a producing oil company!"
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
Agreed, it certainly is. Especially in OTC. Plus strong management.
Yes, you're right! Constant support here around 0.31's
Especially with AGYP doing so well recently! ;)
Quote:
Shorts who very worried their short position are in deep trouble
Quote:
Absolutely! NO dilution and only 47M in the float. Plus, the security details have not changed in over a year. $AGYP
For sure $AGYP is showing its Progress in 2022. Wait the Q1-2022 Result
The data points to $AGYP potentially producing over $1 million annually from just one of these wells. Installing a new ESP in the coming weeks may even increase this potential output. Keep AGYP on your radar.
Quote:
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.
Yes.. Transparency is very rare in OTC. The KEY here I think is the strong value from the management
The company has been very transparent and following through on important milestones for AGYP.
Quote:
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!!
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.
Plus Low Maintenance and Cost Effective! Performance and cost efficiency is among many key principles when mining for Oil!
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
$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
thats because he and they know a run is coming.
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/
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.
All indicators pointing to upswing move >> https://stockcharts.com/c-sc/sc?s=AGYP&p=D&yr=0&mn=6&dy=0&i=t1071774468c&r=1644349843629
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
Strong bid support stacked with very little selling. I would say that we are holding up VERY WELL on a slow day and we have now formed a new base in the low .30s.
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 $$$$$ & keep the shares tight in your fingers.
According to this DRP Gazette Article AGYP looks to book revenues from its wells as crude prices head toward $100! >>
https://drpgazette.com/2022/02/07/5-otc-stocks-poised-to-bounce-mrnj-lfap-gase-bbrw-cowi/
Excellent heads out! >>
Keep in mind that at the start of 2021 AGYP was just another dev. stage exploration company with several leases and a dream. One short year later the company has confirmed and started extracting what will amount to potentially $2 million dollars worth of oil at just one of their many Permian Basin-based projects. With 5 other well sites closing in on production, including one that produced and sold 500+ barrels of oil to close Q4, AGYP has laid the foundation for what looks to be a monumental year for the company. $AGYP
Thanks for bringing this up.. This is the IMPORTANT Catalyst! >>
VERY TRANSPARENT ZERO DILUTION!!! $$$$$$ >> https://bit.ly/3B7N8it
$AGYP