Replies to post #18101 on Allied Energy Corp (AGYP)

[goo575]

$AGYP could play a crucial role as a domestic oil producer after achieving production at its Green Lease and Gilmer sites:

1) According to a report conducted this summer, the Green Lease site holds $2,944,900 of proved oil and $18,536,600 of probable and possible oil.

2) On the other hand, the Annie Gilmer site holds $6,704,900 in proved oil and gas reserves with $5,489,900 in probable and possible reserves.

These calculations were made by an experienced petroleum engineer using the conservative price point of $46.26 per barrel and is a bullish sign of what AGYP may be able to achieve in terms of long-term production.

[traderider]

Experienced management and field dill teams have struck oil in 5 different wells. The Company tweets its shareholders and the financial community at large with its progress. That instills confidence as it documents its growth.
$AGYP