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Allied Energy Corp

Allied Energy Expands Its Natural Gas Holdings by Acquiring the Thiel Lease

  Carrollton, Texas, July 08, 2022  -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP) a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon area in the United States, is pleased to announce that the Company has recently expanded its natural gas holdings through the acquisition of the Thiel Lease and Well. The Thiel Well was drilled by Union Pacific Resources in 1996 and is located near Brenham Texas. The...

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Allied Energy Execute Documents To Retire 2,480,000 Common Shares From Public Float

  Carrollton, Texas, May 5, 2022  -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP) a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is pleased to announce that the Company has recently executed documents to retire 2,480,000 unrestricted common shares of AGYP stock. This retirement represents a 4% reduction in the authorized shares of the company. Confirmation of this...

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Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April

  Carrollton, Texas, May 3, 2022  -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP) a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all...

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Allied Energy Corporation Retained Council To Advise On and Initiate a Corporate Up-listing and Share Buyback Program

  Carrollton, Texas, Feb. 24, 2022  -- McapMediaWire --  Allied Energy Corp (OTC Pink: AGYP) is a producing oil and gas company focused on leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States. Allied Energy is pleased to announce that the Company has retained the services of a securities council to assist the company “AGYP” in the process of up-listing to a recognized North American Stock Exchange, excluding the US OTCMarkets....

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Allied Energy Corporation Reviews 2021 Oil Leases Progress to Production and Provides 2022 Outlook

  Carrollton, Texas, Jan. 20, 2022  -- 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 a 2021 year-in-review detailing progress and production at the Company's Green Lease, Gilmer Lease, and Prometheus Lease Sites. The Company received their P4 and P5 permits in the spring of 2021 under the name, Allied Operating LLC, from the...

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Allied Energy Corporation Outlines Current Activities at the Prometheus Lease

  Carrollton, Texas, Nov. 16, 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 progress updates regarding the Company's newly acquired 325-acre Prometheus Lease location. Beginning last week at the Prometheus site, Allied began executing the plan to bring the Prometheus Well 1H back online. When Prometheus Well 1H was...

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Allied Energy Corporation Provides Updates on the Gilmer Lease Projects

  Carrollton, Texas, Nov. 11, 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 updates regarding the Company's Gilmer lease projects. Allied is pleased to provide a short recap of activities currently underway at the Gilmer Lease. located about thirty miles north of Breckenridge, Texas. Gilmer Well 1 and Gilmer Well 5 are...

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Allied Energy Achieves Oil Production at the Gilmer Lease Wells

  Carrollton, Texas, Oct. 14, 2021 -- McapMediaWire -- Allied Energy Corp  (OTC Pink: AGYP), an oil and gas company focused on leasing and reworking oil and gas projects in Texas, is pleased to announce that the Company is successfully producing oil at three of the wells located on the Gilmer Lease. Throughout the month of September, Allied ground crews were focusing their efforts at the Gilmer Lease site and on wells number 1, 2, and 5, specifically. Since October 11, 2021, Allied is...

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Allied Energy Acquires The Prometheus Lease

  Carrollton, Texas, Oct. 06, 2021 -- McapMediaWire -- Allied Energy Corp (OTC Pink: AGYP), an oil and gas company focused on leasing and reworking oil and gas projects in Texas, is pleased to announce that the Company has completed the acquisition of the 325 acre Prometheus Lease located in Garza County, Texas. Our interest at the Prometheus Lease is the 28 Unit Well 1H, which was producing approximately 200 barrels of oil per day and 300,000 cubic feet of natural gas per day as recently...

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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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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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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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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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The Fundamental Problem for Energy Shorts (HP, MTDR, AGYP, SM)

The title makes the crucial point: The Oil bull market is resting firmly on “fundamental” ground. While it has clear technical tailwinds in terms of commodity investment advisor trend signals, and while it is sailing on a sea of the central bank and fiscal stimulus, the main factor driving oil prices higher – and oil stocks in tow – is good ol’ fashioned supply and demand. It all starts with the oil crash last year in April. WTI crude hit negative-forty-dollars per barrel. That’s never...

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The New Energy Bull is Loud and Proud… What to Do About it?

Goldman Sachs just came out with an $80 price target on WTI Crude Oil. This note from National Bank helps to explain things: “So, while the oil field service narrative has generally been muted under the context of upstream discipline, the Majors are signaling the initial innings of a demand-led recovery; we suggest that global production is potentially impaired and higher activity levels will be inevitable and could magnify the cycle through the supply side. As an example, major market...

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Allied Energy Corp Updates on Palo Pinto Pre-Production Activities, and Expands Leases at Byers Heirs Property

Carrollton, Texas, April 15, 2021 - - Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on acquiring and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide updates on existing activities. UPDATES ON PALO PINTO ACTIVITIES ("The Green Lease") Allied Energy Operating LLC, (“Allied”) submitted and posted their bond for the P-4 and P-5 applications to the Texas Railroad Commission, Allied is waiting on the Texas Railroad...

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Allied Energy Signs Binding Agreement and Acquires 80% Revenue Interest in Multiple Northern Texas Oil Wells

Carrollton, Texas, March 22, 2021 - - Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on acquiring and reworking provable oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to announce that the Company has signed the final agreement contract with Energy Management Resources, LLC and has acquired an 80% stake in an initial two northern Texas oil wells identified as the "Palo Pinto #1" and "Palo Pinto #2" wells. Allied Energy’s land...

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Allied Energy Hires Prominent Oil Operations Manager Curtis William Boyles to Oversee Lease Acquisitions, Site Licensing, Team Management and New Oil Production

Carrollton, Texas, March 15, 2021 - Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on acquiring and reworking provable oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to announce the hiring of esteemed Oil Operations Manager and Consultant Curtis William Boyles. Mr. Boyles is highly regarded within the oil sector as an Oil and Gas Operations Manager and Consultant with more than 30 years of experience coordinating, leading, and...

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Allied Energy Forecasts Near Term Production At The New Byers Heirs Well Project

  Carollton, Texas, February 11, 2021 - - Allied Energy Corp. (OTC PINK: AGYP), an energy company focused on acquiring and reworking provable oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide the Company a working roadmap to achieve production at Allied Energy's Well Project #1. Well Project #1 is Byers Heirs #2 Deu Pree Field, in Wood County Texas. This well was originally completed in the Woodbine formation from perforations of...

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Allied Energy Corporation Provides Update to Shareholders

Carollton, Texas, February 3, 2021 - - Allied Energy Corp. (OTC PINK: AGYP), an energy company focused on acquiring and reworking provable oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to provide shareholders with a corporate update concerning recent developments while outlining general vision for the Company in 2021. Allied Energy Corporation is excited to announce a new corporate website and online presence at https://alliedengycorp.com Allied...

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