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OIl and Gas

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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All Eyes on Oil Stocks as Shortage Fears Grow (NYSE: MTDR) (OTC US: AGYP) (NASDAQ: FANG)

The oil market is likely going to become a big deal in 2021 because 2020 featured such brutal action, at one point taking the price of WTI Crude down to negative $40/barrel – an all-time low. That crash was precipitated by lockdowns associated with the COVID-19 pandemic health crisis, specifically in March thru May. More importantly, the oil market cowered in fear of follow-on lockdowns for the rest of the year until a viable vaccine was announced in December. That means valuable months were...

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