Replies to post #25485 on Allied Energy Corp (AGYP)

[pepeoil]

Yep, baron energy and Lucas energy did that in 2008. They confirmed the lease was watered out and depleted

[Stockstax]

Excellent reminder and absolutely correct!

The assessment is DONE here!! >> GREEN LEASE 2022 OUTLOOK: , Allied will install the second ESP on Well X-3. Based on the success of Wells M-1 and X-3, Allied plans to evaluate three other Wells of interest at the Green Lease site. After achieving favorable production numbers over a 5-6 month period, Allied will plan a 3D seismic survey of the site to identify additional drilling targets.

Read $AGYP tweet update >>

Borets and Allied successfully completed recent work on the Green Lease Well M-1 and the Texas Railroad Commission inspection was passed on Feb 9, 2022. $AGYP pic.twitter.com/LcQHavGFFQ

— Allied Energy Corporation (@AlliedEnergyCo1) February 15, 2022