Allied Energy Corp (AGYP)

[Moving On]

Great Article. Two wells can produce $6.7 Million. These are not Allied numbers they come from Ardent Oil and Gas. They also have an option on 10 more well at this location and anothe dozen at their second location.

"Based on formal due diligence completed by Ardent Oil and Gas Consultants (http://ardentoil.com) the estimated ultimate recovery of the two Palo Pinto wells is approximately 113,000 barrels of oil or about $6.7 million dollars assuming a price of $60 per barrel for crude oil."

https://www.marketwatch.com/press-release/investing-in-the-coming-oil-boom-nyse-mtdr-otc-us-agyp-nasdaq-fang-2021-04-13?mod=mw_quote_news_seemore