Replies to post #27857 on Allied Energy Corp (AGYP)

[otcomi]

Honestly, i never work in the oil industry before and i have no idea what this means but it sounds GOOD. Thanks for sharing! $AGYP

Good REMINDER! However the self-claimed "reservoir engineer" will not understand this...

[BCNstocks]

Agreed. To just keep screaming “salt water” is misleading and incorrect.

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Good REMINDER! However the self-claimed "reservoir engineer" will not understand this...
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Addressing the SALT WATER claim >>

Oil & gas wells have a lot more to them than just oil or gas. They typically also contain saltwater. As wells age, the amount of excess water in the mix can increase significantly. The water cut is the ratio of water produced compared to the volume of total liquids produced from an oil well. For example, if a well makes 200 barrels of oil per day and 4,000 barrels of water per day, the water cut would be 95%. It's a known fact that there would be more saltwater than oil.