Permian Plays to Probe: AGYP, RTLR, WTI, BSM, MDMP

January 13, 2022

The Permian Basin, located in the southwestern U.S. is the largest producing oil basin in the entire country.  Naturally, it was affected by the COVID-19 pandemic.   However, every setback is the opportunity for a great comeback. PERMIAN PRODUCTION SET TO EXCEED PRE PANDEMIC LEVELS According to leading analytics company GlobalData, the Permian Basin is “producing about 4.6 million barrels of oil per day (mmbd) at present and is projected to…

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Allied Energy Corp. (OTCMKTS: AGYP) Oil Reserves Rise In Value As Oil Prices Go Higher

December 29, 2021

Allied Energy Corp. (OTCMKTS: AGYP) assets grew in valuation as both WTI Crude and Brent Crude rose in value.  Global Oil Markets Whipsawed The global oil markets benefits are whipsawed by the omicron variant. OPEC’s production is unchanged as the variant impacts the world’s largest oil consumer — China.  President Biden has made little impact by tapping the U.S. Strategic Petroleum Reserves (SPR). WTI and Brent settled higher last evening…

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Allied Energy Corp. (OTCMKTS:AGYP): Strikes Oil, Exploring For More

December 15, 2021

The case for Allied Energy Corp. (OTCMKTS: AGYP) is clear. This is an independent energy producer that has hit oil and gas at five wells on American soil. Now it is exploring for more at another promising well site. AGYP uses the newest technology to make old or abandoned wells commercial and productive again. It has proved it with five American wells in Texas producing oil and gas. Next is its third…

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Digging Deeper into Allied Energy (OTCMKTS:AGYP)

December 15, 2021

Due diligence is a state of mind.  Sure, every investment you make requires basic research to confirm the investment decision you’re making is sound, but that’s not what I’m referring to.  The due diligence mind state is possessed by those who hunt for that extra bit of information the rest of the crowd hasn’t found.  The delicious morsel that can give you a leg up in the markets. This is…

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Allied Energy Corp. (OTCMKTS: AGYP) Stock Is Well Positioned As Jeffries Predicts $150 Oil

December 13, 2021

Allied Energy Corp. (OTCMKTS: AGYP) stock is well positioned as analyst Jeffries predicts $150 per barrel oil when and if the world fully reopens. Chris Wood, global head of equity strategy at Jeffries, says, “In a really fully reopened world, the oil price could go up to $150 because the supply constraints are dramatic.” He told CNBC that the ‘political attacks’ on fossil fuels have reduced investment in fossil fuels….

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Allied Energy Corp. (OTCMKTS: AGYP): Independent Hits Oil & Gas At Five American Wells, Exploring For More

November 24, 2021

The case for Allied Energy Corp. (OTCMKTS: AGYP) is clear. This is an independent energy producer that has hit oil and gas at five wells on American soil. Now it is exploring for more at another promising well site. AGYP uses the newest technology to make old or abandoned wells commercial and productive again. It has proved it with five American wells in Texas producing oil and gas. Next is…

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Allied Energy Corp. (OTCMKTS: AGYP) Sees Shortages In Global Oil Supplies; BOA Sees $120 Oil Prices.

November 5, 2021

Allied Energy Corp. (OTCMKTS:AGYP), an independent oil driller, sees its valuation swinging wildly as global oil pricing shifts daily. The U.S. remains energy-short and OPEC nations are standing firm on production.  AGYP stock remained flat last evening, closing at $0.3060, off 3.55% in extremely light trading of 92,329. That’s only 24% of its daily average. The markets see a very volatile global oil market and remains quiet.  Oil pricing directly…

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Allied Energy Corp. (OTCMKTS: AGYP) Closes Green As Oil Prices Dip; U.S. May Tap Oil Reserves To Offset Shortage Impact

November 4, 2021

Allied Energy Corp. (OTCMKTS: AGYP) oil is more in demand now even as global prices dip. Oil industry insiders say U.S. may open its strategic oil reserves to help stop the impact of its energy shortages. Higher prices at the pump are not good for the Biden Administration. “It is questionable whether this will cause OPEC+ to soften its stance,” said Carsten Frisch, an analyst at Commerzbank  AG in Frankfurt,…

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$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer

November 2, 2021

Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts.  This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022.  This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their…

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Allied Energy Corp. (OTCMKTS: AGYP) Tweets Again On Prometheus Site, Says It Orders Pump For Well

October 29, 2021

Allied Energy Corp. (OTCMKTS: AGYP) tweets again on the Prometheus Site. It said yesterday it has ordered an Electrical Submersible high capacity pump for its well there  — which is due to be be delivered in approximately 10 days.  Last week, AGYP triple tweeted regarding progress at Prometheus. One tweet showed the well site, the second tweet showed Prometheus progress and the newest video tweet showed more progress on October…

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