Replies to post #29697 on Allied Energy Corp (AGYP)

[back2basics]

Orion, I'll skip the math on Prometheus and apply common sense & Logic.

The well had set idle for several years. Over time, residual oil builds up on the saltwater. With the start of pumping, that layer of built up oil, is pumped out.

Naturally, the first month of fresh pumping will take out that layer of oil.

The January production numbers, for Promethius, were published byv TRRC, on Feb 18. Now it's March 23. Where are the Feb numbers?

I predict they won't be close to 738 bbls. "Transparent" A-gyp may not have reported for Feb.

B2B