Gilmer

Allied Energy Corporation Provides Updates on the Gilmer Lease Projects

Retrieved on: 
Thursday, November 11, 2021

Carrollton, Texas, Nov. 11, 2021 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • Carrollton, Texas, Nov. 11, 2021 (GLOBE NEWSWIRE) -- 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.
  • The Allied team is actively monitoring all mechanical parameters to ensure these wells achieve optimal oil and gas output.
  • Gilmer Well 2 is temporarily shut in due to pump issues, the pump has been pulled and the issue has been corrected.

Allied Energy Achieves Oil Production at the Gilmer Lease Wells

Retrieved on: 
Thursday, October 14, 2021

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.

Key Points: 
  • 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.
  • Allied has reached an important milestone in that we have achieved initial oil production at two of our lease locations.
  • We have two wells producing at the Green Lease and three wells producing at the Gilmer Lease.
  • About AGYP: 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.