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DD_Checker

02/04/22 9:45 AM

#24099 RE: Jacobi999 #24097

With production coming along at two of its sites $AGYP has begun focusing its efforts on their newly acquired Prometheus lease site in Texas. Allied Energy has ordered an electrical submersible high capacity pump for this lease site. Specifically for a historically high producing well at the Prometheus site. This well, the 28 Unit Well 1H, is of particular interest to AGYP because it was producing around 200 barrels of oil per day and 300,000 cubic feet of natural gas per day, inspiring the AGYP CEO to set the goal of not only matching, but potentially surpassing, those numbers.

Stockstax

02/04/22 11:49 AM

#24117 RE: Jacobi999 #24097

A huge catalyst for AGYP is that it is a U.S. oil-producing Company.