$Pistol Pete$, $Mick$ & Friends Stock Picks /news, DD and charts

[Stockstax]

$AGYP ~ The US government is moving in multiple directions at once. It is tapping the U.S. Strategic Petroleum Reserve for 500 million gallons. At the same time, it is considering raising licensing fees for new oil wells on government land.

Independent driller Allied Energy Corp. (OTCMKTS: AGYP), in the midst of all these issues, has already hit oil on five wells on its Green Lease and Annie Gilmer leased sites in Texas. The value of AGYP’s reserves of oil and gas energy it is sitting on is swinging wildly.

Put AGYP’s stock in perspective. Domestic oil, proven and probable, is valuable for several reasons now. It does not have to be shipped from the Middle East. And AGYP’s experienced management is only drilling at sites where once-commercial wells performed.

These abandoned or closed wells are making new energy again as AGYP specializes in bringing them to life. It is now focusing on Well H-1 at the Prometheus leased site. It makes old wells energy-commercial again.

New Variant Rattles Global Oil Markets As Allied Energy Corp. (OTCMKTS AGYP) Explores For More Domestic Oil
https://www.drpjournal.com/new-variant-rattles-global-oil-markets-as-allied-energy-corp-otcmkts-agyp-explores-for-more-domestic-oil/