Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Allied Energy Corporation Continues Selling Numerous loads of Oil From Their Producing Wells Throughout April
Carrollton, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- Allied Energy Corp (OTC Pink: AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is pleased to announce that the Company has successfully produced and sold eight loads of oil from the Company's Green Lease and Prometheus Lease during the month of April. The total number of barrels sold in April will be announced once all the run tickets are in from Allied's field personnel.
得克薩斯州卡羅爾頓，2022年5月3日(Global Newswire)--聯合能源公司(OTC Pink：AGYP)是一家生產石油和天然氣的公司，專注於租賃和改造美國最高產的碳氫化合物地區之一的石油和天然氣儲量，該公司高興地宣佈，該公司在4月份成功地生產和銷售了8車來自該公司綠色租賃和普羅米修斯租賃公司的石油。一旦從聯合石油公司的現場人員那裏收到了所有的運票，4月份售出的石油總數量將會公佈。
Allied CEO George Montieth commented: "The eight loads sold reflect production from three wells on two leases. We are still in the monitoring phase of these producing wells and believe that production during the month of May from these three wells will continue to improve. We are currently focused on achieving production at additional wells during the month of May. The cash received from the sale of our oil production will allow us to expand the company in strategic new directions."
聯合石油公司首席執行官喬治·蒙蒂斯評論説：“出售的8口油井反映了兩個租約的三口油井的產量。我們仍處於對這些生產油井的監測階段，相信這三口油井在5月份的產量將繼續改善。我們目前正專注於在5月份實現更多油井的生產。出售我們的石油生產獲得的現金將使我們能夠向戰略新方向擴張公司。”
Allied has turned its attention toward achieving production at the Company's Gilmer Lease location. There are currently three re-completed wells at Gilmer immediately ready for production once electrical power has been established. Because of aspects beyond the Company's control, Allied is currently implementing an alternative form of power at the location. Due to the soaring costs of electrical power installation, Allied believes that the most efficient route to achieving production at the three re-completed wells at the Gilmer may initially be achieved through diesel generators and reconfiguring the one phase electrical power to three-phase with an inverter. The Company is optimistic this is the best course of action and will provide updates as progress is achieved at the Gilmer Lease.
聯合公司已將注意力轉向在該公司吉爾默租賃公司的地點實現生產。目前在Gilmer有三口重新完工的油井，一旦建立電力供應，立即準備生產。由於公司無法控制的方面，聯合目前正在該地點實施另一種形式的電力。由於電力安裝成本飆升，Allied認為，在Gilmer的三口重新完工的油井實現生產的最有效途徑最初可能是通過柴油發電機並通過逆變器將單相電力重新配置為三相。該公司樂觀地認為，這是最好的行動方案，並將隨着吉爾默租賃取得進展而提供最新情況。
Allied CEO George Montieth concluded: "Allied is an oil company and my mission as CEO is to ensure that our total production number and revenue continues to increase over time. Since our last release in February, much has been happening behind the scenes to increase shareholder value in the near term."
聯合公司首席執行官喬治·蒙蒂斯總結道：“聯合公司是一家石油公司，我作為首席執行官的使命是確保我們的總產量和收入隨着時間的推移繼續增長。自從我們在2月份發佈上一份報告以來，為了在短期內增加股東價值，我們在幕後發生了很多事情。”
The Company invites any and all interested parties to check back regularly at and the corporate Twitter account
該公司邀請任何和所有感興趣的人定期查看和公司Twitter帳户
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. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."
關於AGYP：聯合能源公司是一家能源開發和生產公司，在美國一些最高產的含油氣地區收購石油和天然氣儲量。該公司專門從事重新加工和重新完成位於美國各地數千個成熟油氣田的現有油氣井的業務。該公司運用其知識、經驗和有效的油井修復技術，在其擁有所有權權益的油田/項目中實現更高的產量、更長的油井壽命和更有效的開採已探明和可用的石油和天然氣儲量。該公司將利用最新的技術，如水力壓裂(“水力壓裂”)、在生產區鑽橫向(“水平”)井腿，以及利用新的套管井電測井來定位旁路油層，所有這些都是為了提高日產量和石油和天然氣採收率。通過在不同地區越來越多的選定項目中收購權益，聯合能源公司正在分散其風險敞口，有效地將風險降至最低，同時追求公司增長、營收和底線收入，使所有利益相關者受益。許多老化的油氣田中藴藏着已探明的、可開採的儲量，但企業為了尋找更深、更豐富、但成本更高的儲量而放棄了這些油田。該公司計劃專注於繞過的石油和天然氣，因為競爭較少，而且如上所述，成本大大降低。此外，該公司將獲得邊際油井的權益，這些油井可以以最低成本獲得，其中美國有42萬口油井。, 美國獨立石油協會(“IPAA”)主席--“美國約20%的石油產量和10%的天然氣產量來自邊際油井，它們是美國真正的戰略石油儲備。”
Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.
安全港聲明：本新聞稿可能包含1995年私人證券訴訟改革法所指的某些前瞻性聲明。公司儘可能使用諸如“預期”、“相信”、“估計”、“預期”、“計劃”、“打算”、“潛在”等詞語來識別這些前瞻性陳述。這些陳述反映了公司目前的信念，並基於公司目前掌握的信息。因此，這些前瞻性陳述涉及已知和未知的風險、不確定因素和其他因素，這些風險、不確定因素和其他因素可能導致公司的實際結果、業績或成就與這些陳述中明示或暗示的大不相同。如果本新聞稿中包含的信息發生任何變化、增加或更改，公司沒有義務更新或提供建議，包括此類前瞻性陳述。
Contact: Allied Energy Corporation
Phone: 972-632-2393
Email: info@alliedengycorp.com
Twitter:
聯繫人：聯合能源公司
電話：972-632-2393
電子郵件：info@alliedengycorp.com
推特：
譯文內容由第三人軟體翻譯。