Allied Energy Corp (AGYP)

[BCNstocks]

That is huge! AGYP is greatly undervalued at .30. Unreal.

Check this out in regards to their Reserves >>

AGYP Reserves

Separate reports by an oil engineer on wells at the Green Lease and Annie Gilmer sites documents a financial future with strong upside potential. In reports made public https://www.otcmarkets.com/otcapi/company/financial-report/292317/content as OTC Filings, the engineer found AGYP’s Proved, Possible and Probable reserves for the Green Lease reserves are as follows:

Proved: $2,026,500

Probable: $5,781,300

Possible: $12,755,300

TOTAL: $20,563,100

At the Annie Gilmore site, the engineer found:

Proved: $6,704,900

Probable and Possible: $5,489,900

TOTAL: $12,194,800

In addition to the $32 million combined are the oil and gas reserves in the other leases AGYP owns. Engineering reports on the Green Lease and Annie Gilmer site wells in Texas remains roughly at $32 million.

The study by the oil engineer was based on oil at some $46 per barrel. Recent oil prices are much higher at $75.88 for WTI Crude and $79.28 for Brent Crude. And global energy prices are still growing.