Great company. Great leadership. Legit operations manager. Full production on multiple wells in Texas. Submitted their January 2022 oil production numbers to the Texas Railroad Commission. That’s why the lies continue from their little friends. $AGYP
Since Allied is reworking existing well it seem that the number of wells they can target would be almost unlimited. Any well that was considered tapped out by old drilling techniques can now be revisited to recover oil and gas that was not profitable to retrieve the first time around.
The recent PR mentions "Prometheus Well 1H continues to pump as Allied refines the processes to maximize the potential of Well 1H. In order to improve the oil production from Well 1H, Allied is currently in the process of installing a transfer pump and will flare all the gas to reduce the pressure in the well. Accomplishing this will result in an increase in oil production for the well. Since the start of Q1, there have been continued oil sales from Well 1H as we look forward to seeing continued growth in numbers from this site." $AGYP
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