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Oil

Allied Energy Corporation Achieves Oil Production At Green Lease Site

    Carrollton, Texas, Sept. 16, 2021 -- McapMediaWire -- Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas projects in the state of Texas, is pleased to announce that the Company has successfully achieved ongoing oil production at their Company's Green Lease site. The Company has successfully reworked Well M-1 and Well X-3 located at the Green Lease Site in Baylor County Texas. The two Wells are fully online and due to the design of...

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MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary

  Carrollton, Texas, Aug. 24, 2021 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin with the transfer of assets to MDM Energy, Inc. “Today we have received the executed P-4’s for the transfer of the Peacock oil and gas well in Wise County and the Brown Lease in Nolan County.” Stated Michael L. Rafael, President and CEO. The Peacock well is a gas well that also produces a small...

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Principal Solar Improves Balance Sheet, Engages Financial Auditor

Convertible Note Paid and Satisfied; Texas-based Accounting Firm Whitley Penn Engaged to Perform Audit as Part of Principal’s Anticipated Path to Fully Reporting Status ALLAS, TEXAS, Aug. 24, 2021 -- McapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and...

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Xfuels Inc. Signs Supply and Offtake Agreement for Biodiesel Plant

  Calgary, Alberta, August 16, 2021 - MCapMediaWire - Xfuels Inc.  (OTC PINK: XFLS) is pleased to report that the company has signed an oilseed supply and biodiesel off-take agreement with an Indigenous-owned company  Infinity  Petroleum Energy Resources Inc. The company will purchase from  Infinity  Energy oilseed for its biodiesel production as wells as Infinity Energy will market Xfuels biodiesel product. Mr. Michael McLaren states, "Infinity Energy had previously negotiated long- term...

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MDM Permian, Inc. – Permian Basin Updates

  Carrollton, Texas, August 10, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin. Building value in the ground, with permits issued, reserves assessed, continuing audit services, and 2nd Quarter financials posted. “We are very excited about the growth we are able to achieve during the second quarter of 2021 and look forward to continued growth in the 2nd half of the year.” Stated...

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Principal Solar and IntelliMedia Networks to Collaborate with GohTV to Provide Environmental Awareness Education Programming

  Collaboration to Focus on Educational Programming for Worldwide African Viewership; Content Intended to Fill Critical Information Gap Not Served by Other Streaming Providers   DALLAS, TEXAS, August 3, 2021 – McapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor...

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Xfuels Inc. to produce Biodiesel at Bieseker plant

  Calgary, Alberta, August 3, 2021 - McapMediaWire - Xfuels Inc. (OTC Pink: XFLS) is pleased to report the company will begin to produce biodiesel (B100) at its Bieseker plant.     The company will purchase and install a continuous biodiesel production system capable of processing 50 barrels per hour, with the ability to expand the unit to 100 barrels per hour. Mr. Michael McLaren states, “With access to our own power production as well as an abundance of oilseed and methanol in...

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Allied Energy Corporation Engages Official Petroleum Engineer To Publish an Engineering and Economic Report On Allied Leases

  Carrollton, Texas, July 22, 2021 -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas projects in the state of Texas, is pleased to announce that Petroleum Engineer Mark McBryde has begun work on a Reserve Report detailing proved, probable and possible reserves on all of Allied's current leases. Mr. McBryde will first provide an executive summary of each separate lease detailed on the Engineering Report beginning with...

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MDM Permian, Inc. – Permian Basin/Ft. Worth Basin Acquisitions

  Carrollton, Texas, July 20, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin of Texas. MDM Permian, Inc. today announced the acquisition of up to 3 more wells, 2 in Nolan County (Permian Basin), and 1 in Wise County (Ft. Worth Basin). We are proud to announce the engagement of MDM Energy, Inc., our operating company, taking over operations of the Brown lease (2 existing wells) in Nolan County. The...

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MDM Permian, Inc. – Permian Basin Acquisitions Continue

  Carrollton, Texas, July 16, 2021 - MCapMediaWire -  MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin, as WTI holds in the $75. per barrel range. MDM Permian, Inc. today announced the coming acquisition of up to 8 more wells in the Irion County area of interest. The acquisitions are being secured from local operators. The purchase of 6 wells on 3 leases, all producing from Canyon Sands with behind pipe potential, is in the...

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Xfuels Inc. Shareholder Update July 2021

  Calgary, Alberta, July 08, 2021 - McapMediaWire - Xfuels Inc.  (OTC PINK: XFLS) is pleased to report the following Shareholder update. Corporate Matters  On June 25th, 2021, the company upgraded its status to Pink Current on OTC Markets by filing its outstanding disclosures, Phase 1 of our corporate plan is now completed.   The company has started Phase 2 of our corporate plan which will include audited financials and applying for OTCQB status under OTC Markets Alternative Reporting...

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Allied Energy Corporation Provides Workover Progress Report On Well M1 At Their Green Lease Oil Site

  Carrollton, Texas, July 7, 2021, - MCapMediaWire - Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide an update regarding progress being made at the Company's M1 Well at their Green Lease location. The Company is delighted to inform investors that all the planned work outlined in the Company's June 17, 2021 press release was completed in a timely...

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Principal Solar Announces Acquisition of Second Danbury Dome Project Lease and Positive Initial Production Results

Moller Lease is the Second with Project Partner Lazy Jacks Petroleum; Strong Initial Daily Flow Observed from First Well; Second Well Expected to be Brought Online in Q3 2021     DALLAS, TEXAS, July 6, 2021 – MCapMediaWire -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and...

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As Analysts are increasingly optimistic that oil prices will stay strong, consider adding these Four Oil stocks to your portfolio: (CEI, VKIN, XFLS, and EGY)

It’s been a volatile year thus far for the oil sector, which was up almost 45% this year, and investing in any oil and gas stock has been extremely profitable this year. The oil sector blew expectations out of the water in 2021 through a year riddled with economic challenges and uncertainties posed by the pandemic. Analysts are increasingly optimistic that prices will stay strong through the summer. Bank of America analyst Francisco Blanch believes oil prices could spike above $100 a barrel...

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Allied Energy Corporation Begins Rework Activities At Their Two Lease Sites

  Carrollton, Texas, June 17, 2021 - McapMediaWire - Allied Energy Corp (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide valued investors with our recent rework activities as well as highlights to a work schedule that the Company believes will bring multiple wells online. CEO George Montieth commented: "I am pleased to inform our stakeholders that we have work crews...

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These four stocks look well-positioned as well known analysts expect the momentum to continue to rise this summer

The global economy is reopening,  Airplanes, in the U.S. and all over the world, are almost fully operating again, traffic is now back. The reopening of major economies around the world has already sent oil up about 40% since the start of the year, but a surge in driving, as well as an increase in goods transportation and air travel, could push oil prices higher. "Demand is ramping up very quickly because everybody's driving, and we have the reopening of Europe, which is really starting to...

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MDM Permian, Inc. – Permian Basin And WTI

  Carrollton, Texas, June 15, 2021 - MCapMediaWire - MDM Permian Inc. (OTC Pink: MDMP). WTI breaks the $70.00 per barrel barrier. Last summer, during the height of the COVID outbreak, oil prices slipped to sub-zero numbers. This was due entirely to the worldwide shutdown of businesses. There was no market for crude and as stockpiles increased, prices decreased until the worst possible scenario played out and oil went to -$37 per barrel. One year later the markets have started to rebound...

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Investor Alert: Positioning for the Looming Oil Shortage (CEI, HP, FANG, XEC, SBOW, MTDR, HES

According to the most recent report from the Energy Information Administration (EIA), US crude output is set to fall 230,000 barrels per day to 11.08 million barrels per day in 2021. The EIA also notes that US production will rise next year by 710,000 barrels per day to 11.79 million barrels per day. That sounds like a lot of oil. However, the economics of a commodity market consists of both Supply and Demand. Contrast those numbers with the other side of the equation: The EIA also predicts...

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