Allied Energy Corporation (OTCMKTS:AGYP) Hits Several Bullish Indicators

August 9, 2021

Allied Energy Corporation (OTCMKTS:AGYP) looks like it could be in a position to make investors money starting Monday.    The oil and gas explorer has made several impressive runs over the past 6 months and could be in a position to do so again starting today. According to barchart.com the company is a buy, hitting 10 of 13 bullish indicators, meaning it’s a buy in the short, mid, and long term. …

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4 Oil and Gas Penny Stocks to Watch This August: Allied Energy Corp. (OTCMKTS:AGYP), Camber Energy Inc. (NYSE:CEI), Viking Energy, Inc. (OTCMKTS:VKIN), VAALCO Energy (NYSE:EGY)

August 6, 2021

Oil prices are up big this year, and we are heading into a big travel season, meaning oil investments could continue their run.  Here are 4 oil and gas penny stocks in the industry making news worth putting on your watchlist this August: Allied Energy Corp. (OTCMKTS:AGYP) Thursday Close Price (8/6/2021): $0.4122 On July 22nd AGYP released financial disclosures detailing the companies Proven, Probable and Possible reserves for their Annie…

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Allied Energy Corporation (OTCMKTS:AGYP) Latest Filings Show More Than Meets The Eye

August 5, 2021

Allied Energy Corporation (OTCMKTS:AGYP), has recently posted two very important filings related to two of their oil leases that may have eluded some investors.  The two filings released July 22nd are part of a larger “Engineering and Economic” report that will be released soon according to the company. You can find the filings here: Green Lease disclosure Annie Gilmer Lease disclosure The disclosures detail each lease’s Proved, Probable, and Possible…

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Allied Energy Corp. (OTCMKTS: AGYP) Shorts May Face ‘Squeeze’ As Stock Jumps Again To $0.5010, Up +6.71%

August 4, 2021

Allied Energy Corp. (OTCMKTS: AGYP) may be soon forcing a short ‘squeeze’ as its stock jumped again Tuesday (August 3, 2021) to $0.5010 or +6.71%. in near average volume of 425,374. On Monday, AGYP rose by 13.13% in heavy volume as shorts dominated volume (463,698 out of total 699,016 or 66.3%) according to the Financial Industry Regulatory Authority (FINRA). News was that AGYP filed its new Annie Gilmer site supplemental…

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Allied Energy Corp. (OTCMKTS:AGYP) Files New Annie Gilmer Site Disclosure Report

August 3, 2021

Allied Energy Corp. (OTCMKTS: AGYP) filed its new Annie Gilmer site supplemental disclosure with the OTC specifying 190,500 barrels of oil proved and 80,400 probable and 135,500 possible. Value of the oil and gas findings are: $6,704,900 proven at present worth and $1,902,200 probable and $3,587,700 possible. Computations are at $46.26 per barrel of oil, well below current oil pricing in the $70’s. Extraction costs are also already computed into…

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Allied Energy Corp. (OTCMKTS:AGYP) Seeks To Generate U.S. Oil From Proven Older Wells On American Soil

August 2, 2021

Allied Energy Corp. (OTCMKTS:AGYP) may have once been considered a long shot value penny stock in a renewable energy world. Guess what: it is now a surer shot, the greenest of green energy companies, seeking to deliver U.S. oil from what have been plugged or abandoned Texas wells on American soil. A boutique oil and gas company in an investing green environment cool to fossil fuels, AGYP’s team of oil…

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Allied Energy (OTCMKTS: AGYP) Focus on Green Lease

July 29, 2021

Allied Energy (OTCMKTS: AGYP), a company with a strong focus on easing and reworking oil and gas projects in the state of Texas, announced that Petroleum Engineer had begun work on all of the Allied’s leases. The report will provide the company with detailed, proven, and probable reserves in all its leases. Earlier this week Allied Energy signed a contract with Energy Management Resources, LLC. You can read more about…

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Allied Energy (OTCMKTS: AGYP) Signs a Mandatory Covenant with Energy Management Resources, LLC

July 27, 2021

Allied Energy (OTCMKTS: AGYP) signed a concluding contract with Energy Management Resources, LLC. Allied Energy Corp announced that Petroleum Engineer Mark McBryde initiated an effort on a Reserve Report specifying demonstrated, probable and likely reserves on all Allied’s present charters. Mr. McBryde will first deliver a decision-making brief of each distinct tenancy itemized on the Engineering Report initiating with the “Green Lease.” Once all decision-making tenancy précises are issued, Allied…

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Allied Energy Corp (OTCMKTS: AGYP) Provides Updates on Green Lease and Gilmer Lease Oil Sites

July 19, 2021

Allied Energy Corp (OTCMKTS: AGYP) announced its recent rework activities and work schedule to bring several wells online and offer shareholders value. Allied Energy offers updates in scheduled work at the Green Lease location George Montieth, the CEO, said, “I am pleased to inform our stakeholders that we have work  crews scheduled at both the Green Lease site and the Annie Gilmer Lease site. Everyone is anxious to make up…

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Allied Energy Ord Shs (OTCMKTS: AGYP) Provides Investors Update For M1 Well

July 15, 2021

Allied Energy Ord Shs (OTCMKTS: AGYP) has recently updated the investors that the planned work in context with the Green Lease location-based M1 Well has been finalized in a cost-effective and deadline-driven manner.  About this, the CEO of the company, George Montieth, said that despite the heavy rains that continued in northern Texas for weeks at a stretch, the task was still completed on time. The CEO also additionally mentioned…

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