Allied Energy Corp (AGYP)

[LUCKYBUTT]

MJS1984, a lot of these weren't even tapped out. They where "PRODUCING OIL" before they got shut in. Wells get shut in when the price falls below a certain PPB because they aren't "AS PROFITABLE". I. E. $20 a barrel. Fast forward that to $90...... DO THE MATH PEEPS... The Permian is considered profitable at $35-$40 per barrel. The holes are already drilled (Massive Cost Savings). Unlike some people who claim to have done O&G on this board and bash this stock, I leased many of wells in Louisiana for this exact Business model (ie J P Oil). VERY PROFITABLE FOR THE COMPANY