Allied Energy Corp (AGYP)

[AyaStocks]

About AGYP: Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves.

Website: https://alliedengycorp.com/

List of $AGYP's projects: https://alliedengycorp.com/projects/

Share Structure
Market Cap
4,037,578
03/03/2023
Authorized Shares
300,000,000
03/06/2023
Outstanding Shares
71,335,292
03/06/2023
Restricted
11,278,796
03/06/2023
Unrestricted
60,056,496
03/06/2023
Held at DTC
46,154,190
03/06/2023
Float
47,815,458
07/12/2021

https://www.otcmarkets.com/stock/AGYP/security

Chart


$AGYP