Allied Energy Corporation

Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & recompleting ‘existing’ oil & gas wells located in the thousands of mature oil & gas producing fields across the United States.

Recent News

  • Allied Energy Corporation Leases Five Additional Texas Oil Wells at the 300 Acre Annie Gilmer Lease

    Carrollton, Texas--(Newsfile Corp. - May 17, 2021) - 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 announce that the Company has leased 300 acres containing five additional oil wells in Crystal Falls, Texas identified as part of the Annie Gilmer Lease. The Annie Gilmer lease is in the small community of Crystal Falls, Texas on the banks...

    2021-05-17 1:10 PM EDT
  • Allied Energy Welcomes Longtime Oil Industry Development and Production Engineer Mark Mcbryde to Their Team and Updates on Green Lease Work-over Activities

    Carrollton, Texas--(Newsfile Corp. - May 6, 2021) - Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on acquiring and reworking oil and gas reserves in the the United States, is pleased to welcome longtime oil industry expert and oil Production Engineer Mr. Mark McBryde to their team. Mr. McBryde brings extensive big oil company operational and development experience to Allied. Mark has served as Senior Production Engineer and Staff Production Engineer for prominent oil companies both within the...

    2021-05-06 8:45 AM EDT
  • Allied Energy Corp. Updates on Palo Pinto Pre-Production Activities and Expands Leases at Byers Heirs Property

    Carrollton, Texas--(Newsfile Corp. - 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...

    2021-04-15 9:33 AM EDT
  • Allied Energy Signs Binding Agreement and Acquires 80% Revenue Interest in Multiple Northern Texas Oil Wells

    Carrollton, Texas--(Newsfile Corp. - 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....

    2021-03-22 8:30 AM EDT
  • Allied Energy Hires Prominent Oil Operations Manager Curtis William Boyles to Oversee Lease Acquisitions, Site Licensing, Team Management and New Oil Production

    Carrollton, Texas--(Newsfile Corp. - 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,...

    2021-03-15 8:30 AM EDT
  • Allied Energy Corp. Announces Immediate Plans to Acquire Majority Ownership of Two Producing Oil Wells

    Carrollton, Texas--(Newsfile Corp. - March 4, 2021) - Allied Energy Corp. (OTC Pink: AGYP) has signed an agreement with a premier partner in the Texas oil industry to pursue an immediate relationship concerning the majority ownership of two producing oil wells in northern Texas.This agreement signifies the final step before a definitive contract is signed by Allied Energy Corp. to secure an 100% Working interest 80% Net Revenue interest ownership stake in the two wells and 890.7 leased acres, with...

    2021-03-04 8:40 AM EST
  • Allied Energy Forecasts Near Term Production At The New Byers Heirs Well Project

    Carrollton, Texas--(Newsfile Corp. - 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...

    2021-02-11 12:35 PM EST
  • Allied Energy Corporation Provides Update to Shareholders

    Carollton, Texas--(Newsfile Corp. - 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 Energy CEO George Montieth remarked:...

    2021-02-03 8:40 AM EST