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Crude Oil

SINO AMERICAN OIL CORP ACQUIRES TRITIUM INC OF ALBERTA, CANADA

Cheyenne, WY, July 26, 2022 -- McapMediaWire -- Sino American Oil Corp (OTC PINK: OILY), announces that it has signed a definite acquisition agreement to acquire 100% interest in oil services technology company, Tritium Inc of Alberta, Canada. This acquisition increases SINO’s footprint into the oil services and technology space in one of Canada’s most prolific hydrocarbon production provinces and allows it to market the newly acquired technologies globally. Via the acquisition, SINO now owns...

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CGrowth Capital Executes Share Exchange Agreement for Minerals Company: Prepares for Change of Control and Up Listing to an Audited Reporting Company

  BREMERTON, WA, May 12, 2022 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Parent") is pleased to announce that it has executed an agreement with a Minerals Company to acquire 100% of the targeted project (the "Company") via a Share Exchange Agreement. Upon completion of the contract conditions, the acquisition would mean a wholly-owned subsidiary Company and a change in control with new management from the Company taking over CGrowth Capital Inc. The Parent and...

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MDM Permian, Inc. Annual Report and Disclosures Posted

  Carrollton, Texas, March 31, 2022 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today announced that the company has posted its 2021 Annual Report and Disclosures, along with Supplemental Reserve Reports, to its OTC website. “We are excited about the progress we made over the last year.” states Mr. Michael Rafael, President of MDM Energy, Inc. “The company raised a considerable amount of money to fund operations, purchase production, enter rebranding and marketing agreements in...

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MDM Permian, Inc. Lindley #4-A Drilling Schedule

  Carrollton, Texas, March 08, 2022 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today has announced that plans have been completed to begin the drilling of the Lindley #4-A well in Irion County, Tx. IRION COUNTY, TEXAS – LINDLEY #A-4 The Lindley #4-A well location is currently permitted to a depth of 2000 ft. targeting the prolific San Angelo Sands. A Tinsley Drilling Company rig is scheduled to move onto the location during the last week of April. The location is very small...

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MDM Permian Inc. (MDMP) Is Pleased to Announce the Appointment of VP of Finance

  Carrollton, Texas, Feb. 18, 2022 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today announced that Michael Cohen has been appointed the position of Vice President of Finance. “Mr. Cohen has been a consultant for MDM Permian, Inc. for the last few years, bringing his knowledge and expertise to bear regarding FINRA and SEC regulatory issues as well as researching various financing scenarios.” stated Michael Rafael, President and CEO. Mr. Cohen stated: “I am excited to accept this...

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CGrowth Capital Provides Update on Bahamian Petroleum Project and Corporate Activity

    BREMERTON, WA, Dec. 15, 2021 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to provide shareholders with an update on the Bahamian Petroleum Project (the “Project”) previously announced in November. The Project includes the rights, title and interest in long-term leases of land situated within the Bahamas (in excess of 8,000 acres) at the target site and necessary one-off project-specific Government Permissions. The WBS Organization (“WBS”),...

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Xfuels Renegotiates Convertible Debenture

  Calgary, Alberta, Nov. 22, 2021 -- McapMediaWire -- On October 12th, 2021, Xfuels Inc. (OTC Pink: XFLS) announced that CEO Mike McLaren has elected to convert his convertible promissory note of $1.3 million into 125 million shares of restricted common stock. After further consideration, Mr. McLaren has since elected to rescind that decision and renegotiate the convertible note to a fixed interested bearing secured instrument without a conversion option. This renegotiation of the note...

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SINO AMERICAN OIL COMPANY PARTNERS WITH SRAX, INC.

  Cheyenne, WY, Nov. 18, 2021 -- McapMediaWire -- Sino American Oil Company, (OTC PINK: OILY) $OILY, an emerging Oil and Gas exploration company, announces it has signed an agreement to engage SRAX (NASDAQ: SRAX) $SRAX, a digital marketing and consumer data-management technology company, to assist in its investor outreach and growth initiatives.     "In a recent survey, the Brokerage firm Schwab found that these new investors are not just young people. They are also an older...

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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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CGrowth Capital Moves All-In with One of a Kind Bahamian Petroleum Project

  BREMERTON, WA, Nov. 03, 2021 -- McapMediaWire -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce that it has executed a Letter of Intent (LOI”) with WBS Organization (“WBS”), a multinational business services organization specializing in funding, collateralization, and associated services, to acquire the rights, title and interest in their Bahamian Petroleum Project (the “Project”). The Project includes long-term leases of land situated within the Bahamas...

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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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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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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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Stocks to Watch as Oil Threatens a Fresh Breakout

The oil market is built of the following set of key ideas: either oil production and production capacity will be able to ramp up over the near term or we will face a supply shortage. At least, that’s the prognosis from Goldman Sachs, who recently put out a piece of analysis stating that Oil would go to at least $80/bbl due to an increase in demand by 6 million barrels of oil per day over the next 6 months. Supply is already tight in the oil market. Such an increase, given the lack of new...

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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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The Race to Find High-Growth Oil Stocks as Oil Bull Roars (OTC US: VKIN) (NASDAQ: FANG) (NYSEAMERICAN: CEI) (NYSE: MTDR) (NYSE: RRC)

A little over a year ago, the Saudi’s had just declared diplomatic oil policy war on the Russians, who declared it right back, seemingly threatening to divide the new OPEC+ model and ruin what had been the savior for the oil market back in 2016. With the growth of US and Russian production, OPEC lost control in 2014-15. Then, in early 2016, Russia (and a few other small producers) joined the cartel on a coalition basis, bringing enough production back into the umbrella to control prices again....

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Spotlight on AGYP (OTC US: AGYP): The Oil Shortage Opportunity Looms (NYSE: RRC) (NYSE: CPE) (NYSE: SM) (NASDAQ: PTEN)

The oil market continues to be resilient. Prices are holding above the key $60 level in the US WTI Crude market, which reflects continued fears about the future potential of a shortage after economic activity, particularly travel, picks up as major OECD economies “reopen” following a sufficient distribution of effective Covid-19 vaccines. The rush to travel and see long-lost loved ones is thought to be monumental in terms of a potential demand factor for energy markets, with crude oil at the...

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Principal Solar Announces Positive Initial Production Results from its Oil Well “Recycling” Program: The Danbury Dome Project Oil Wells

Project Partner Lazy Jacks Petroleum Observes Strong Initial Daily Flow; Additional Wells Expected to be Brought Online Over the Coming Weeks     DALLAS, TEXAS, April 13, 2021 – -- 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 operator of undervalued...

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88 Energy Ltd. (OTC US: EEENF): Nickels, Dimes, Quarters, Dollars

88 Energy Ltd. (OTCMKTS: EEENF) is an oil & gas play that we first told our subscribers about on March 13th when the stock was just $.015 a share. As you can see from the chart below, EEENF is a fresh play that is just starting to get noticed. We said that EEENF could turn into a runner after what had just happened with MDM Permian (OTCMKTS: MDMP). MDMP was the top OTC stock mover with a 5 day gain of 2,850%!! Once MDMP ran, we knew that other oil & gas plays were due to run as well as...

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MDM Permian, Inc. Lindley A–Lease Well Reserve Estimates

  Carrollton, Texas, March 23, 2021 - - MDM Permian Inc. (OTC Pink: MDMP) today has announced the results of the Lindley A lease wells Advanced Reservoir Characterization, Irion County, Texas. LINDLEY ‘A’ LEASE WELLS/RESERVIOR ESTIMATES “As stated in the MDM Permian Business Plan, we will be building value in the ground as well as providing cash flow from production.” says Michael Rafael, President and CEO. “We lost a year to COVID shutdowns and are now on track to make up for that lost...

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Oil Stocks: The Real Bull Market (NYSE: XEC) (OTC US: AGYP) (NYSE: MTDR)

If you thought the bull market was all about speculative tech stocks, cryptocurrency plays, and electric vehicle companies, think again. By far, the strongest sector so far in 2021 in the S&P is the energy sector. Crude oil has been surging, helping to drive the XLE up 40% so far this year. With that in mind, we take a closer look at a few stocks aligned with that theme that may deserve some extra attention, including: Cimarex Energy Co (NYSE: XEC), Allied Energy Ord Shs (OTCMKTS: AGYP),...

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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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