Replies to post #23481 on Allied Energy Corp (AGYP)

[MyelSasha]

Exactly! Oil prices near triple digit will send AGYP definitely turning up. I think consolidation is about over.

Capital Gains Report estimated the new ESP could yield between $1.09 and $2.09 million annually in oil revenue based on the reported oil cut, the increase in fluid production, and a cautious $80 crude spot price.

Quote:
Absolutely and currently $AGYP is switching from gas generators to a 3- phase/200 amp electric service to power production at the company’s Annie Gilmer Lease.
This move will certainly be better for the environment, and maybe more importantly to oil investors, better for AGYP’s profit margins