Allied Energy Corp (AGYP)

[MyelSasha]

Agreed $AGYP is bullish!

Articles out >>

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Allied Energy Corporation (OTCMKTS:AGYP)

AGYP has made several bullish moves over the past few months, and looks to be starting another after closing Tuesday up 4.58%. Momentum could continue

The company has made several positive announcements in the past few months highlighted by their recent milestone press release signaling initial oil production on the company’s Green Lease located in North Texas. AGYP could be a gem because it is pumping oil domestically (Texas specifically) and providing needed product as major suppliers are failing demand in the oil and gas markets. AGYP differentiates itself because not only is it a domestic oil provider, but the liberals may even be able to get behind an oil and gas exploration company that reworks proven wells. They are essentially as “green” as an oil & gas explorer can be. By reworking the wells they are reducing the carbon footprint of an average oil exploration project. They are also harming less ‘virgin’ land, by getting the most out of what is already there. Finally, this exploration technique takes a lot of the costly guesswork out of exploration, as generally, the company will know there’s oil, the question will only be how much? In AGYP’s case, there appears to be quite a bit at their Green lease, soon we will learn just how much exactly.

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