$AGYP Retained Council To Advise On and Initiate a Corporate Up-listing and Share Buyback Program

Carrollton, Texas, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Allied Energy Corp (OTC Pink: AGYP), is a producing oil and gas company focused on leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States. Allied Energy is pleased to announce that the Company has retained the services of a securities council to assist the company “AGYP” in the process of up-listing to a recognized North American Stock Exchange, excluding the US OTCMarkets. Furthermore, council has also been secured to advise and help structure an ongoing share buyback program of AGYP's common stock.

Council retained by Allied has practiced securities law for over 30 years in North America and has successfully helped companies list and up-list their securities from lower tiered exchanges to higher tiered exchanges. Council has also achieved dual-listings for numerous companies on foreign exchanges such as the Canadian TSX or the Frankfurt Stock Exchange. The details of council will be revealed in the future when filings necessary for "AGYP" up-listing are disclosed.

The Company outlined three crucial reasons for the decision to up-list AGYP to a higher exchange:

-- Transparency
Allied thinks that transparency on a recognized exchange will lend itself to greater trust and respect from the investment community. Allied is fortunate to have the Texas Railroad Commission website providing official updates on the Company's lease site and oil well activities, but up-listing to a higher exchange will require audited financials and other mandatory disclosures that will show greater transparency to the investing community.

-- Increased Attraction for Acquisitions
As Allied evolves throughout 2022 the Company desires to position itself in the most attractive way possible for real growth that adds value to the corporate bottom line.

-- Wider Visibility
Allied believes that up-listing to a higher exchange will give the Company more visibility on an international platform. With oil prices continuing to rise we believe there is the potential for more and more investors to look towards the oil and gas sector, and therefore having more visibility around the world can only be viewed as a positive.

In addition to the up-listing process, council is retained to assist Allied with the task of executing an ongoing share buyback program of their common stock. The Company desires to reduce their public float by buying back shares in the open market or acquisitions through private transactions. More details on the buyback program will be forthcoming.

Allied CEO George Montieth explained: "Now that Allied has moved from exploration status to production and oil sales, management believes it is time to initiate the move to a higher tier exchange and institute a share buy-back program. We feel these initiatives will benefit both the company and our shareholders by building real value now and in the future. I look forward to elaborating on material events as they take fruition."

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

About AGYP: 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.”

Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.

Contact: Allied Energy Corporation
Phone: 972-632-2393
Email: info@alliedengycorp.com
Twitter: https://twitter.com/AlliedEnergyCo1

https://www.otcmarkets.com/stock/AGYP/news/Allied-Energy-Corporation-Retained-Council-To-Advise-On-and-Initiate-a-Corporate-Up-listing-and-Share-Buyback-Program?id=345139

$AGYP lots of buzz

https://investorshub.advfn.com/boards/tcloud.aspx

lots of buzz

https://investorshub.advfn.com/boards/tcloud.aspx

$AGYP

Been watching this since the summer. This is such an undervalued play.

$AGYP

Watching for reversal here.

$AGYP

Yup! Low floaters like this one move quick on big volume just like we saw two weeks ago..

$APSI

Updated share structure!

https://www.otcmarkets.com/stock/APSI/security

$APSI

I agree, updates will make this move.

$AGYP

Tighten that spread and get more volume in here!

$AGYP

Recap of last week's article mentioning $AGYP;

Energy Stocks To Buy Amid Russia Ukraine Crisis
AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”

Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

Recap of last week's article mentioning $AGYP;

Energy Stocks To Buy Amid Russia Ukraine Crisis
AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”

Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

This is still a STRONG BUY according to barchart opinion.

https://www.barchart.com/stocks/quotes/APSI/opinion

$APSI

Great dip opportunity here

$APSI

Anything below .40 is a gift

$APSI

$AGYP chart

$agyp chart. looking for a channel break here.

Churning green until new updates hit.

$AGYP

$AGYP Energy Stocks To Buy Amid Russia Ukraine Crisis

Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”


Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

Energy Stocks To Buy Amid Russia Ukraine Crisis

$AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”


Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

Red to green move opportunity

$AGYP

yup low rsi means $agyp is way oversold!

Bids moving back up!

$AGYP

Level of buzz about $AGYP is very large!

https://investorshub.advfn.com/boards/tcloud.aspx

Level of buzz about $AGYP is very large!

https://investorshub.advfn.com/boards/tcloud.aspx

We got 3 new tweets yesterday! >>

$APSI recent merger candidate deal remains active & on the table. They are working on items internally from a structuring standpoint. Working to keep things moving along on that deal, though still entertaining all other options. #RealDealsOnly

$APSI recent merger candidate deal remains active & on the table. They are working on items internally from a structuring standpoint. Working to keep things moving along on that deal, though still entertaining all other options. #RealDealsOnly

— APSI - Aqua Power Systems Inc (@inc_apsi) April 13, 2022

Turned down a deal this morning that offered me cash to walk away, but all they had was a biz plan & no real operations. Flat turned them down. No Biz Plan = Printing Press Dilution. #NotHappening

— APSI - Aqua Power Systems Inc (@inc_apsi) April 13, 2022

@elonmusk was correct, need Edit function (for at least 30 second). Meant "Only Biz Plan = Printing Press Dilution" such as No Operations, No Revenues. Elon, get us that Edit feature please!

— APSI - Aqua Power Systems Inc (@inc_apsi) April 13, 2022

We just need more volume in here similar to last week and .40++ break will come easily!

$APSI

L2 looks real thin all the way up!

$APSI

Looking for green close today.

$AGYP

This is churning green as we draw near to power hour!

$AGYP

Loading days coming to an end here soon!

$AGYP

$AGYP Energy Stocks To Buy Amid Russia Ukraine Crisis

AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”


Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

$AGYP Energy Stocks To Buy Amid Russia Ukraine Crisis

AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”


Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

Nice article from yesterday featuring $AGYP ..

AGYP
Allied Energy Corporation (OTC: AGYP) is a domestic producer known for its mission to purchase and rework existing oil and gas wells across the US. For years now, the company has been utilizing its technology to access existing, abandoned oil and gas wells. With a proven record of success in identifying and reworking existing oilfields, AGYP could be one of the most promising energy stocks to invest in as demand for oil increases in light of the russia ukraine crisis.

With 12 exploration projects in the works, AGYP has had to work consistently to maintain its production timeline. These efforts appear to have paid off given that the 300-acre Gilmer site producing oil and gas since October and the 980-acre Green Lease producing since September.

According to an engineering and economic evaluation of the sites’ reserves, the Green Lease site holds $2,944,900 of proved oil and a total of $18,536,600 for both probable and possible oil. Meanwhile, Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

The company has major plans for both sites in 2022. For the Green lease, AGYP plans to install the second ESP on Well X-3 once the assessment of Well M-1 is complete. If both wells prove successful, AGYP plans to evaluate three other wells at the site. Upon ensuring favorable production rates, AGYP will focus on developing a 3D seismic survey to identify other potential drilling targets on the site.

Looking at the Gilmer lease in 2021, the pump set-up yielded an average of 160 to 300 barrels of total fluids on a daily basis. However, the company is adamant on achieving maximum potential and is intends to establish a pump setup that attains 1000 barrels of fluid per well every day. To do that, AGYP is now working with Tri-County to install a 3-phase/200 amp service to the lease before Q1 ends. If successful, AGYP plans to set an electrical submersible pump (ESP) in one of the wells to produce up to 1500 barrels of fluid daily. By doing this, the company could ramp up production and easily capitalize on the increasing supply shortages.

With these two lucrative sites now operating, the company has dedicated its efforts to preparing its newest and most promising site for production – the 325-acre Prometheus site. By drawing down the fluid at a pace of 2000 to 2400 barrels per day, the Prometheus site has generated a total of 3 loads – with each load carrying 160-170 oil barrels – for the company in 2021.

As of Q1, the company reported continuous sales generated from the Well 1H. However, to maximize its potential and improve its oil production, AGYP is now focused on installing a transfer pump and flaring all the gas to reduce the pressure in the well. If successful, these efforts will result in an increase in oil production for the well and will lead to massive increase in the site’s growth numbers.

To facilitate further growth, the company is now planning to uplist to a higher exchange will increase the company’s visibility on a global scale. With oil prices climbing due to the current political state, an increasing number of investors will be drawn to the oil and gas industry. For this reason, uplisting to a higher exchange seems like a strategic decision that is bound to result in greater visibility and ultimately increase shareholder value.

Aside from its uplisting plans, AGYP recently announced it is implementing an ongoing share repurchase program for its common shares. The company wants to lower its public float by repurchasing shares on the open market or making private acquisitions. While further details regarding this buyback is yet to be disclosed, investors are bullish on this share buyback could lower AGYP’s already low float of 47 million and position it for a major run. With this in mind, AGYP’s CEO – George Montieth – believes “these initiatives will benefit both the company and shareholders by building real value now and in the future.”


Despite all these milestones, 2022 could prove even more profitable for AGYP. With a bullish oil market, the company stands to benefit immensely from the increasing oil prices as it ramps up production in its existing sites and explores more lucrative sites across the country.

For a deeper look at AGYP’s various ventures, check out this article and discover the company’s true potential in 2022.

https://pennystocks.today/energy-stocks-to-buy-amid-russia-ukraine-crisis/

$AGYP SHARE STRUCTURE

https://www.otcmarkets.com/stock/AGYP/security

$AGYP SHARE STRUCTURE

https://www.otcmarkets.com/stock/AGYP/security

Updated share structure! Good market cap and low float.

https://www.otcmarkets.com/stock/AGYP/security

$AGYP

This is very undervalued for a company that sells and produces their own oil.

$AGYP

I agree L2 recovering nicely from this morning's mini dip!

$AGYP

Channel break coming ..

$AGYP

Nice accumulation in the low .30 range!

$APSI