What sets AGYP apart is the company's focus on reworking proven wells. The strategy allows it to save time and money that their competition generally waste searching for viable opportunities. With a large portfolio of proven and historically productive wells, AGYP can focus on pumping the remaining resources out of their properties utilizing the newest cutting-edge techniques to rework old or abandoned wells.
This strategy has paid off. Allied Energy recently announced striking oil on 3 wells at the company's
Their timing couldn't be better, the oil they are producing continues to gain value in light of recent geopolitical factors. Crude oil prices remain in what many experts call the "sweet spot" between
AGYP recently announced it had completed another acquisition in
AGYP keeps its investors in the loop by tweeting videos showing the company's progress. For example, recently they've posted video of the company pumping oil on its Green Lease Well sites Well 1 and Well 2. This is a kind of transparency that is rare for an OTC company.
Keep AGYP on your Watchlist.
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