OTC Oil and Gas Report: AGYP, PVRS, TREN, MGUY, TNEN, REOS, TXHG

Following were the most active Oil and Gas stocks buzzers on Wednesday. Keep an eye on these stocks this week.

Allied Energy Corp.  (OTCMKTS:AGYP) deserves a look from oil and gas investors as they have recently announced signing a new lease and also struck oil on their leased well sites located in Texas. Global energy prices are at 7 year highs.  With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit. AGYP issued news Thursday that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas.

Providence Resources, Inc. (OTCMKTS:PVRS) stock was in action in the previous trading session as the stock soared 2.55% to $0.0523 with over 99k shares traded hands, compared to its average volume of 171k shares. Over the past 52-week, the stock has been moving in a range of $0.0401 – 0.0523.

Trend Innovations Holding Inc. (OTCMKTS:TREN) stock was another volume buzzer in the previous trading session as the stock gained 2% to $0.0004 with over 200 shares traded hands, compared to its average volume of 1500 shares. Over the past 52-week, the stock has been moving in a range of $1.0100 – 7.2500.

Mogul Energy International Inc. (OTCMKTS:MGUY) stock continued to trend lower on Wednesday. On Wednesday, the stock was down 4.50% to close at $0.1213 with more than 19k shares traded hands, compared to its average volume of 247K shares. Mogul Energy International, Inc. operates as an oil and gas exploration and development company.

True North Energy Corp. (OTCMKTS:TNEN) stock pulled back in the previous trading session after the recent jump. The stock has fell 9% on Wednesday. with more than 76k shares traded hands, compared to its average volume of 502k shares.

ReoStar Energy Corporation (OTCMKTS:REOS) stock was in action in the previous trading session as the stock fell 14% to $0.060 with over 584k shares traded hands, compared to its average volume of 70k shares. Over the past 52-week, the stock has been moving in a range of $0.0430 – 0.0650. The stock has jumped 20% in the past 6-month.

TX Holdings Inc. (OTCMKTS:TXHG) stock was in action in the previous trading session as the stock fell 16.50% to $0.022 with over 40k shares traded hands, compared to its average volume of 266k shares. Over the past 52-week, the stock has been moving in a range of $0.0056 – 0.0437.