The ParaFin Corporation (OTCMKTS:PFNO) stock has been trading within a range in recent times and that is perhaps understandable considering the fact that there has been no news about the company in recent times at all. The last time any news emerged about the company was back in April when ParaFin provided an update with regards to its operations and other developments.
The company noted at the time that its first target was to pay the necessary fees to the Secretary of State of Nevada so that it meets the reporting rules and then get the crucial current reporting designation.
On the other hand, ParaFin also stated that it was going to have discussions with its plans of boosting corporate communications and the social media foot print of the company. To that end, the company was considering the launch of a new website and a Twitter account to go along with it.
At the time, ParaFin noted that it would inform the public about its course of action once the whole thing is finalised by way of a press release. Although the stock is trading in a range at this point, it might be a good idea to keep an eye on the news with regards to ParaFin.
Learn what other oil and gas investors have discovered in the energy field: Allied Energy Corp. (OTCMKTS PINK: AGYP). AGYP is a gem because it is pumping oil domestically (Texas specifically) and providing needed product as major suppliers are failing demand in the oil and gas markets. AGYP differentiates itself because not only is it a domestic oil provider, but the liberals may even be able to get behind an oil and gas exploration company that reworks proven wells.
They are essentially as “green” as an oil & gas explorer can be. By reworking the wells they are reducing the carbon footprint of an average oil exploration project. They are also harming less ‘virgin’ land, by getting the most out of what is already there. Finally, this exploration technique takes a lot of the costly guesswork out of exploration, as generally the company will know there’s oil, the question will only be how much? In AGYP’s case there appears to be quite a bit at their Green lease, soon we will learn just how much exactly.
