Oil & Gas Reserve Valuation Seen Doubling At Allied Energy Corp. (OTCMKTS: AGYP) As Energy Prices Head North
Last night WTI oil prices closed at $80.49 and Brent Crude settled at $83.60. Analysts predict they’ll go even higher in coming months. An oil engineer last summer pegged oil and gas reserves at $32 million for Allied Energy Corp. (OTCKMKTS: AGYP). He was computing at $46/barrel. Energy prices are now nearly double that. Analysts say prices are going higher. Independents like Allied Energy Corp. (OTCMKTS: AGYP) are expanding their…