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Allied Energy Corp (OTCMKTS:AGYP) Oil Gains In Value Amidst Middle East Volatility

Allied Energy Corp (OTCMKTS:AGYP) Oil Gains In Value Amidst Middle East Volatility
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Allied Energy Corporation: Allied Energy Welcomes Longtime Oil Industry Development and Production Engineer Mark Mcbryde to Their Team and Updates on Green Lease Work-over Activities

(0) 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 USA and abroad. Allied invites investors to view Mr. McBryde s CV here: https://www.otcmarkets.com/stock/AGYP/disclosure. Allied Energy CEO George Monteith stated: Allied is building an experienced oil production team with proven oil industry experts. With their combined years of experience and success, Mark and Curtis are going to manage our projects to maximize oil production. Investors will be interested to note that these men are incentivized for the overall success

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Allied Energy Welcomes Longtime Oil Industry Development and | The Kingston Whig Standard

Article content 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. We apologize, but this video has failed to load. Try refreshing your browser. Allied Energy Welcomes Longtime Oil Industry Development and Production Engineer Mark Mcbryde to Their Team and Updates on Green Lease Work-over Activities Back to video 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 USA and abroad. Allied invites investors to view Mr. McBryde’s CV here: https://www.otcmarkets.com/stock/AGYP/disclosure.

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Where to Focus Energy Sector Investments (FANG, AGYP, HES)

To understand where the oil market is headed and how investors might hope to take advantage, one would do well to take a look at what Chevron (NYSE:CVX) said in its investor-day presentation earlier this month. First off, it helps to understand how the energy sector works. In massively oversimplified terms, some energy companies find and produce oil for sale, and others provide equipment and services to those oil producers. If the price of oil goes up significantly, the companies that find and produce oil are incentivized to increase investment in expanding production capacity. And that isn’t difficult for them to afford because the oil they are currently producing and selling is more and more profitable as the price of oil rises, which drives cash flows and facilitates expanding credit using in-ground reserves as collateral.

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Oil Stocks: The Real Bull Market (XEC, AGYP, MTDR)

Oil Stocks: The Real Bull Market (XEC, AGYP, MTDR)
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