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$AGYP has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April.
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
$AGYP has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April.
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
$AGYP 3 strong volume days so far looking for a 4th one here today!
3 strong volume days so far looking for a 4th one here today!
$AGYP
Indeed $AGYP has a great float. Thin floaters like this move quick on big volume.
$AGYP Recap of both news we got this week! >>
Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Carrollton, Texas, May 03, 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 areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all the run tickets are in from Allied’s field personnel.
Allied CEO George Montieth commented: "The eight loads sold reflect production from three wells on two leases. We are still in the monitoring phase of these producing wells and believe that production during the month of May from these three wells will continue to improve. We are currently focused on achieving production at additional wells during the month of May. The cash received from the sale of our oil production will allow us to expand the company in strategic new directions."
Allied has turned its attention toward achieving production at the Company's Gilmer Lease location. There are currently three re-completed wells at Gilmer immediately ready for production once electrical power has been established. Because of aspects beyond the Company's control, Allied is currently implementing an alternative form of power at the location. Due to the soaring costs of electrical power installation, Allied believes that the most efficient route to achieving production at the three re-completed wells at the Gilmer may initially be achieved through diesel generators and reconfiguring the one phase electrical power to three-phase with an inverter. The Company is optimistic this is the best course of action and will provide updates as progress is achieved at the Gilmer Lease.
Allied CEO George Montieth concluded: "Allied is an oil company and my mission as CEO is to ensure that our total production number and revenue continues to increase over time. Since our last release in February, much has been happening behind the scenes to increase shareholder value in the near term.”
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
Allied Energy Execute Documents To Retire 2,480,000 Common Shares From Public Float
Carrollton, Texas, May 05, 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 areas in the United States, is pleased to announce that the Company has recently executed documents to retire 2,480,000 unrestricted common shares of AGYP stock. This retirement represents a 4% reduction in the authorized shares of the company.
Confirmation of this retirement will reflect on the OTCMarkets' “Security Details" tab and specifically the “Outstanding Shares”, “Unrestricted” and “Held at DTC” sections will be reduced by 2,480,000. The company’s Transfer Agent VStock will facilitate the retirement of the shares. The company will continue to update shareholders regarding share structure changes.
Allied CEO George Montieth commented: "On February 24, 2022, I told the investing public my aim was to reduce the number of shares and I am now beginning that process. Allied's share structure has remained unchanged for over a year, and I’ve recently made strategic moves to effect a reduction in our outstanding shares. I believe in increasing shareholder value and have the best interest of our stakeholders in mind. Continue monitoring OTCMarkets for updates on our share structure reduction. Regarding our increasing oil production, I'll have more updates from the oil fields, soon. Business development continues in earnest."
https://www.globenewswire.com/news-release/2022/05/05/2437103/0/en/Allied-Energy-Execute-Documents-To-Retire-2-480-000-Common-Shares-From-Public-Float.html
Recap of both news we got this week! >>
Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Carrollton, Texas, May 03, 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 areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all the run tickets are in from Allied’s field personnel.
Allied CEO George Montieth commented: "The eight loads sold reflect production from three wells on two leases. We are still in the monitoring phase of these producing wells and believe that production during the month of May from these three wells will continue to improve. We are currently focused on achieving production at additional wells during the month of May. The cash received from the sale of our oil production will allow us to expand the company in strategic new directions."
Allied has turned its attention toward achieving production at the Company's Gilmer Lease location. There are currently three re-completed wells at Gilmer immediately ready for production once electrical power has been established. Because of aspects beyond the Company's control, Allied is currently implementing an alternative form of power at the location. Due to the soaring costs of electrical power installation, Allied believes that the most efficient route to achieving production at the three re-completed wells at the Gilmer may initially be achieved through diesel generators and reconfiguring the one phase electrical power to three-phase with an inverter. The Company is optimistic this is the best course of action and will provide updates as progress is achieved at the Gilmer Lease.
Allied CEO George Montieth concluded: "Allied is an oil company and my mission as CEO is to ensure that our total production number and revenue continues to increase over time. Since our last release in February, much has been happening behind the scenes to increase shareholder value in the near term.”
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
Allied Energy Execute Documents To Retire 2,480,000 Common Shares From Public Float
Carrollton, Texas, May 05, 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 areas in the United States, is pleased to announce that the Company has recently executed documents to retire 2,480,000 unrestricted common shares of AGYP stock. This retirement represents a 4% reduction in the authorized shares of the company.
Confirmation of this retirement will reflect on the OTCMarkets' “Security Details" tab and specifically the “Outstanding Shares”, “Unrestricted” and “Held at DTC” sections will be reduced by 2,480,000. The company’s Transfer Agent VStock will facilitate the retirement of the shares. The company will continue to update shareholders regarding share structure changes.
Allied CEO George Montieth commented: "On February 24, 2022, I told the investing public my aim was to reduce the number of shares and I am now beginning that process. Allied's share structure has remained unchanged for over a year, and I’ve recently made strategic moves to effect a reduction in our outstanding shares. I believe in increasing shareholder value and have the best interest of our stakeholders in mind. Continue monitoring OTCMarkets for updates on our share structure reduction. Regarding our increasing oil production, I'll have more updates from the oil fields, soon. Business development continues in earnest."
https://www.globenewswire.com/news-release/2022/05/05/2437103/0/en/Allied-Energy-Execute-Documents-To-Retire-2-480-000-Common-Shares-From-Public-Float.html
$AGYP
$AGYP short squeeze coming!
$AGYP very high short numbers recently. This could explode on a squeeze pic.twitter.com/sAGTjs98sC
— NewJerseyTrader (@jersey_trader) May 5, 2022
$AGYP short squeeze coming!
$AGYP very high short numbers recently. This could explode on a squeeze pic.twitter.com/sAGTjs98sC
— NewJerseyTrader (@jersey_trader) May 5, 2022
$AGYP is heating up! $$
Another day with large buying volume in here ;)
https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
$AGYP
Nice recovery here today! Let's get this back up over .30!
$AGYP
Super thin spread .24 x .2409!
$AGYP
$AGYP UP 10%. 1.63M DTC share reduction. Selling Numerous loads of Oil From Their Producing Wells Throughout April.
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
December 2021:
May 2022:
$AGYP UP 10%. 1.63M DTC share reduction. Selling Numerous loads of Oil From Their Producing Wells Throughout April.
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
December 2021:
May 2022:
L2 is looking good BCN! Seems yesterday news is starting to hit lots of radars!
$AGYP
So far so green +10%!
$AGYP
Nice add! This is a good time and spot to add.
$AGYP
very cheap here compared to the 52 wk high
$AGYP
Where have you been today pepe? You barely hit this board today and missed out on the superb news!
$AGYP
Agreed Pepe there is lots of buying again today after news hit.. over 242K buying volume in here!
https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
Great buying volume in here today!
https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
$AGYP
$AGYP Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Carrollton, Texas, May 03, 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 areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all the run tickets are in from Allied’s field personnel.
Allied CEO George Montieth commented: "The eight loads sold reflect production from three wells on two leases. We are still in the monitoring phase of these producing wells and believe that production during the month of May from these three wells will continue to improve. We are currently focused on achieving production at additional wells during the month of May. The cash received from the sale of our oil production will allow us to expand the company in strategic new directions."
Allied has turned its attention toward achieving production at the Company's Gilmer Lease location. There are currently three re-completed wells at Gilmer immediately ready for production once electrical power has been established. Because of aspects beyond the Company's control, Allied is currently implementing an alternative form of power at the location. Due to the soaring costs of electrical power installation, Allied believes that the most efficient route to achieving production at the three re-completed wells at the Gilmer may initially be achieved through diesel generators and reconfiguring the one phase electrical power to three-phase with an inverter. The Company is optimistic this is the best course of action and will provide updates as progress is achieved at the Gilmer Lease.
Allied CEO George Montieth concluded: "Allied is an oil company and my mission as CEO is to ensure that our total production number and revenue continues to increase over time. Since our last release in February, much has been happening behind the scenes to increase shareholder value in the near term.”
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.”
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
$AGYP Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Carrollton, Texas, May 03, 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 areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all the run tickets are in from Allied’s field personnel.
Allied CEO George Montieth commented: "The eight loads sold reflect production from three wells on two leases. We are still in the monitoring phase of these producing wells and believe that production during the month of May from these three wells will continue to improve. We are currently focused on achieving production at additional wells during the month of May. The cash received from the sale of our oil production will allow us to expand the company in strategic new directions."
Allied has turned its attention toward achieving production at the Company's Gilmer Lease location. There are currently three re-completed wells at Gilmer immediately ready for production once electrical power has been established. Because of aspects beyond the Company's control, Allied is currently implementing an alternative form of power at the location. Due to the soaring costs of electrical power installation, Allied believes that the most efficient route to achieving production at the three re-completed wells at the Gilmer may initially be achieved through diesel generators and reconfiguring the one phase electrical power to three-phase with an inverter. The Company is optimistic this is the best course of action and will provide updates as progress is achieved at the Gilmer Lease.
Allied CEO George Montieth concluded: "Allied is an oil company and my mission as CEO is to ensure that our total production number and revenue continues to increase over time. Since our last release in February, much has been happening behind the scenes to increase shareholder value in the near term.”
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.”
https://www.otcmarkets.com/stock/AGYP/news/story?e&id=2201996
Short squeeze coming!
I thought you were just on here saying people are buying this stock and now you're contradicting yourself by saying noone is buying? Come on pepe you're better than this! GO $AGYP
Agreed nice buying today pepe!
$AGYP
Agreed anyone doing any DD can see how extremely oversold $AGYP is here!
Nice! For those that don't understand, the DTC is the amount of shares that firms have to trade (different from the float). The number of real shares in the float that can be traded. All brokers have a DTC number. That number reflects all of the shares that are in brokerages. So that means that 1,630,000 shares just came out of a brokerage and cannot be traded.
$AGYP on watch for possible uplisting and share buyback news ..
$AGYP on watch for possible uplisting and share buyback news ..
$AGYP ZERO changes have been made to the O/S meaning there is ZERO dilution!
https://www.otcmarkets.com/stock/AGYP/security
$AGYP ZERO changes have been made to the O/S meaning there is ZERO dilution!
https://www.otcmarkets.com/stock/AGYP/security
Over 128k buying volume in here so far
$AGYP
$AGYP BUYS outpaced SELLS
https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
Nice! Buys outpaced sells here!
$AGYP
+9.27%
$AGYP