OTC Oil & Gas Update: UVSE, PVRS, TNEN, NFEI, MGUY

Following were the most active stock buzzers on Monday. Keep an eye on these stocks this week.

Nano-Cap Stocks Watchlist

Allied Energy Corp. (OTCMKTS:AGYP) AGYP deserves a look from oil and gas investors, as they recently announced signing a new lease and also struck oil on their leased well sites 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 recently issued news that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas. AGYP announced they are also making progress on the Prometheus lease.

Universal Energy Corp. (OTCMKTS:UVSE) stock was in action in the previous trading session as the stock soared 9900% at $0.0001 with over 997k shares traded hands, compared to its average volume of 135k shares. Over the past 52-week, the stock has been moving in a range of $0.0000 – 0.0022.

Providence Resources Inc (OTCMKTS:PVRS) stock was another volume buzzer in the previous trading session as the stock surged 36% to $0.0490 with over 13k shares traded hands, compared to its average volume of 62k  shares. Over the past 52-week, the stock has been moving in a range of $0.0058 – 0.1350.

True North Energy Corp. (OTCMKTS:TNEN) stock was in action in the previous trading session as the stock gained 5.65% to $0.0058 with over 77k shares traded hands, compared to its average volume of 427k shares. Over the past 52-week, the stock has been moving in a range of $0.0036 – 0.0500. The stock has gained 12% in the past month.

New Frontier Energy Inc. (OTCMKTS:NFEI) stock continued to trend lower on Monday. On Monday, the stock was up 1.56% to close at $0.0235 with 100 shares traded hands, compared to its average volume of 26K shares. New Frontier Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and crude oil.

Mogul Energy International Inc. (OTCMKTS:MGUY) stock witnessed  a bit of profit booking after the recent jump. On Monday, the stock was down 0.50% to $0.0652 with more than 12k shares traded hands, compared to its average volume of 40K shares. The stock has lost 13% in the past month.