Allied Energy Corp (AGYP)

[Penny_Agent]

NEWS RECAP: Allied Energy Enters into Joint Venture Agreement with Walker Green Tech

Allied Energy's deep experience in natural gas resources development has helped them to successfully secure targeted stranded gas and flared natural gas wells for beta testing of bitcoin mining with WGT for a 3-month period. After the beta test, full implementation is planned, with optimal technological and operational strategies designed to reduce grid "congestion" and ensure low-cost distributed electrical generation through the more environmentally friendly use of flare-off gas. The end goal being a fully operational "microgrid" cryptocurrency mining facility at each targeted well site.

https://www.marketwatch.com/press-release/allied-energy-enters-into-joint-venture-agreement-with-walker-green-tech-2022-10-19?mod=mw_quote_news_seemore