Allied Energy Corp. (OTCMKTS: AGYP) Announces It Acquires Prometheus Lease And Stock Jumps 14.41%
Allied Energy Corp. (OTCMKTS: AGYP) completed its acquisition of the Prometheus Lease site in Texas and its stock jumped again last evening by 14.41% to $0.389 in heavy trading volume of 1,790,031 —4.7 times the daily average. The oil and gas exploration company is focused on the 325 acre location and specifically 28 Unit Well 1H. As recently as 2016, this well was commercialized and pumping 200 barrels of oil…