3 Oil and Gas Penny Stocks to Watch: Allied Energy Corporation (OTCMKTS:AGYP), Camber Energy Inc. (NYSE:CEI), Ring Energy Inc. (NYSE:REI)

August 12, 2021

Even after some correction in the recent past, Brent oil trades near $70 per barrel. With accelerating global growth, it’s likely that oil prices will remain above the $70 mark.  That’s why we are focusing on 3 oil and gas penny stocks you should have on your watchlist:  Allied Energy Corporation (OTCMKTS:AGYP) Allied Energy Corporation, (OTCMKTS:AGYP), an oil and gas explorer with several leases, is currently focused on two which…

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Allied Energy Corporation (OTCMKTS:AGYP) Makes Several Twitter Updates

August 11, 2021

Allied Energy Corporation, (OTCMKTS:AGYP), an oil and gas explorer with several leases, is getting very close on two of their leases in North Texas, Annie Gilmer and Green Leases respectively.  Tuesday, the company sent out 6 tweets detailing work at the Green Lease.  The tweets showed three videos of a disposal well, photos of their drilling rig, as well as a video of a new surface hole.   The drilling rig…

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Allied Energy Corp. (OTCMKTS:AGYP) Stock Spikes 7.01% To $0.4495 As Impact Of ‘Reserve Reports’ On Its Wells Raise Shares

August 10, 2021

The impact of engineering ‘Reserve Reports,’ documenting the assets under management (AUM) for Allied Energy Corp. (OTCMKTS:AGYP) may soon  not only force a short ‘squeeze’ but also drive more long investors into the stock. AGYP closed yesterday with a 7.01% spike to $0.4495 in heavy volume of 556,275. Technical indicators also were high: as Barchart placed a 56% buy ‘Signal’ on the stock, after an analysis of 13 indicators —…

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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 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 Corp (OTCMKTS:AGYP) Rework Activities Starts at Two Lease Sites

June 22, 2021

Energy company Allied Energy Corp (OTCMKTS:AGYP) recently made an important announcement regarding their rework activities to two of their leasing sites. The energy company has scheduled workers to its Green Lease site and its Annie Gilmer site, according to the CEO of Allied Energy Corp George Montieth. The Green Lease site has cleared its wellsite location and built base pads for the brand new pumping units, as well as repairs…

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