Replies to post #41013 on Allied Energy Corp (AGYP)

[BCNstocks]

By acquiring interests in a growing number of selected projects in various regions, AGYP is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves.

AGYP plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, AGYP will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."

Excellent DD here:

Allied Energy Corp. - New High Value Partnership Converting Excess Flare Gas into Bitcoin
https://newmediacast.com/allied-energy-corp-new-high-value-partnership-converting-excess-flare-gas-into-bitcoin

Hydrocarbon Energy Projects in the US; High Value New Partnership In Play for Rapid Development

Key Highlights:

- AGYP Develops Energy Projects in Hydrocarbon Rich Areas of the United States
- Specialized in Reworking & Re-Completing Existing Oil & Gas Wells
- Acquiring interests in various regions to Diversify Exposure and Minimize Risk
- Agreement with Enerhash USA for Flare Gas Powered Bitcoin Mining Projects
- First Project Site with Enerhash USA to be a Model for the Partnership's Rapid Growth of Initial 20-Megawatt Flare-Gas Project Throughout Texas

$AGYP #Enerhash