Allied Energy Corp (AGYP)

[MyelSasha]

Finally! let’s do this!

I believe momentum has been setting up for $AGYP. She will continue to gain her momentum both internal catalyst and external (oil price)

Quote:
Most of the independent energy sector closed higher yesterday, but AGYP closed significantly highest percentage green. Others were up in the low single digits as AGYP closed almost 20% higher. Higher closes in independent oil included: PrimeEnergy Resources Corporation (NASDAQ: PNRG), Oasis Petroleum, Inc. (NASDAQ: OAS), Viper Energy Partners LP (NASDAQ: VNOM), Kosmos Energy Ltd. (NYSE: KOS), Contango Oil & Gas Company (NYSE: MCF), PDC Energy (NASDAQ: PDCE), Amplify Energy Corp. (NYSE: AMPY), PHX Minerals (NYSE: PHX) and Trophy Resources, Inc. (OTC: TRSI).

Even when the independent oil sector closes red, AGYP is positive. All the signs point to a great finish to this week, too, for AGYP. WTI Crude settled last night at $69.84 and Brent Crude closed at $72.94. That means AGYP’s AUM value — from an engineering report on its Green Lease and Annie Gilmer site wells in Texas remains roughly at $32 million in proven reserves at its two most promising leased well sites. As long as oil prices in WTI and Brent remain high, AGYP benefits.