Allied Energy Execute Documents To Retire 2,480,000 Common Shares From Public Float
Allied Energy Execute Documents To Retire 2,480,000 Common Shares From Public Float
Carrollton, Texas, May 05, 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 recently executed documents to retire 2,480,000 unrestricted common shares of AGYP stock. This retirement represents a 4% reduction in the authorized shares of the company.
得克薩斯州卡羅爾頓，2022年5月5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碳氫化合物最豐富地區之一的石油和天然氣儲量，該公司高興地宣佈，該公司最近已簽署文件，註銷了2,480,000股AGYP不受限制的普通股。此次退休意味着該公司的法定股份減少了4%。
Confirmation of this retirement will reflect on the OTCMarkets' "Security Details" tab and specifically the "Outstanding Shares", "Unrestricted" and "Held at DTC" sections will be reduced by 2,480,000. The company's Transfer Agent VStock will facilitate the retirement of the shares. The company will continue to update shareholders regarding share structure changes.
退市的確認將反映在OTC Markets的“證券詳細信息”標籤上，具體而言，“未償還股票”、“不受限制的股票”和“在DTC持有”部分將減少2,480,000股。該公司的轉讓代理VStock將為股票的報廢提供便利。該公司將繼續向股東通報股權結構變化的最新情況。
Allied CEO George Montieth commented: "On February 24, 2022, I told the investing public my aim was to reduce the number of shares and I am now beginning that process. Allied's share structure has remained unchanged for over a year, and I've recently made strategic moves to effect a reduction in our outstanding shares. I believe in increasing shareholder value and have the best interest of our stakeholders in mind. Continue monitoring OTCMarkets for updates on our share structure reduction. Regarding our increasing oil production, I'll have more updates from the oil fields, soon. Business development continues in earnest."
聯合公司首席執行官喬治·蒙蒂斯評論説：“2022年2月24日，我告訴投資大眾，我的目標是減少股票數量，現在我正在開始這一過程。一年多來，聯合公司的股票結構一直保持不變，我最近採取了一些戰略舉措，以減少我們的流通股。我相信增加股東價值，並考慮到我們利益相關者的最佳利益。繼續關注OTC Markets，以瞭解我們減少股份結構的最新情況。關於我們不斷增加的石油產量，我很快就會從油田得到更多的最新消息。業務發展仍在認真地進行。”
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。