Allied Energy Corp (AGYP)

[D0NJU4NS]

There is reason to believe the potential remains for the company as it has fundamentally been on an upward trajectory according to recent press and company tweets.

Closing in on production at their Annie Gilmer and Green Leases in historically oil-rich North Texas, the company filed encouraging reports with OTCMarkets.
Mark McBryde, the Petroleum Engineer who conducted the study, found $2,944,900 of proved oil and $18,536,600 worth of probable and possible oil at the companies Green Lease and $6,704,900 proved as well as $5,489,900 probable and possible reserves at the Annie Gilmer Lease.
These reports factored the price of oil at $46.26. The current price of oil is $67.92, meaning at today’s prices these potential reserves would be worth 46% more than their reported value.

$AGYP