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Monday, October 11, 2021 9:27:02 AM
At AGYP its stock jumped again last week when it announced it acquired the Prometheus Lease after hitting oil on its Green Lease site.
AGYP is now producing oil and closing for more. AGYP has established its future for shareholders by tweeting videos showing that it is now pumping oil on its Green Lease Well sites Well 1 and Well 2. Its tweets documented government officials from the Texas Railroad Commission on site inspecting the successful integrity of the Disposal Well site. It also posted video tweets of the Annie Gilmer site well preparing for oil production.That tweet showed the Pumpjack installation on Gilmer’s first well.
AGYP’s catalyst is it is on the cusp of being an oil producing company. This is a eco-green company making established wells commercial again. Its experienced management uses new technology, such as horizontal ‘legs’, down hole drilling and fracking, to make old wells commercial again.
AGYP believes that are thousands of more proven but non-producing wells to acquire at minimal cost. It sees and identifies leases available to be acquired throughout Texas. A large short position is keeping it high profile in the investor market.
An oil engineer found oil and gas reserves of some $32 million at the Green Lease and Annie Gilmer sites. And those are at sub-market prices of $46/barrel — far below current market prices quoted above.
Keep AGYP on your Watchlist. Energy stocks are growing fast. The trend lines are all moving in a higher direction.
Link to more news are at https://alliedengycorp.com/ and https://twitter.com/AlliedEnergyCo1
Gm $AGYP players Article out this morning
Watch Trendlines As Allied Energy Corp. (OTCMKTS: AGYP) And OTC Energy Stocks Jump: SPND, FTRS, FECOF, And BDCO
https://topnewsguide.com/2021/10/11/watch-trendlines-as-allied-energy-corp-otcmkt-agyp-and-otc-energy-stocks-jump-spnd-ftrs-fecof-and-bdco/
Recent AGYP News
- Allied Energy Corp (OTC: AGYP) Provides Operational Update, Regulatory Compliance Progress, and Strategic Outlook for 2026 • GlobeNewswire Inc. • 01/29/2026 02:00:00 PM
- Allied Energy Corporation Signs MOU to Develop Option Agreement on Silver Reef Gold Property in California • GlobeNewswire Inc. • 09/25/2025 12:45:00 PM
FEATURED ECGI Signs Definitive $25 Million Agreement to Acquire RezyFi • Mar 24, 2026 8:30 AM
Cannabix Technologies Announces First Delivery of Marijuana Breath Test (MBT) to a Major Construction Client • BLOZF • Mar 19, 2026 12:45 PM
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Advances in Domestic Heavy Rare Earth Minerals Production Essential for North American Defense Stockpiles • ALOY • Mar 18, 2026 9:00 AM
ECGI Advances $10M Mortgage Tokenization Pilot as SEC Interpretation Adds Clarity • ECGI • Mar 18, 2026 8:45 AM
ECGI Advances Mortgage Tokenization Pilot as Institutional Market Rails Continue to Develop • ECGI • Mar 17, 2026 8:30 AM
