Monday, February 07, 2022 8:24:35 AM
- Allied Energy Corporation (OTCMKTS: AGYP) finds new oil and gas from abandoned or older wells. It does it with the newest drilling techniques. Spikes in the price of oil means that its sales of oil and gas from its six pumping well sites are significantly higher. It has also identified more than a dozen new well sites.
Assets under management (AUM) are rising. Last year at just two locations, the number was $32 million. It is double that today and it has six well sites to evaluate now, not just two.
CapitalGainsReport: Fracking For More Oil From Shale Rock Drillers DVN, AGYP, PXD, MRO, CLR See More Oil
https://www.marketscreener.com/quote/stock/PIONEER-NATURAL-RESOURCES-14159/news/CapitalGainsReport-Fracking-For-More-Oil-From-Shale-Rock-Drillers-DVN-AGYP-PXD-MRO-CLR-See-More-37800268/
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