Allied Energy Corporation (AGYP)
OTC PINK OTC PINK Primary Summary
Allied Energy Corporation Completes Definitive Agreement for Three-Phase Acquisition of Puma Gold Property in California
Company Secures Exclusive Path to Earn a 100% Interest Through a Phased Exploration, Resource Definition and Development Program DALLAS, Texas, July 29, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Allied Energy Corporation (OTC: AGYP) (“Allied” or the “Company”) today announced that it has executed a definitive Three-Phase Earned Interest Option
Allied Energy Corp (OTC: AGYP) Provides Operational Update, Regulatory Compliance Progress, and Strategic Outlook for 2026
Company highlights regulatory compliance milestones, operator transitions, and a strategic pivot toward precious metals for long-term growth Key Highlights: Dallas, Texas, January 29, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Allied Energy Corporation (OTC: AGYP) (the “Company”) today provided shareholders with an update on its past regulatory compliance efforts, current
Allied Energy Corporation (OTC: AGYP) Signs Strategic MOU with Green Rain Energy Holdings (OTC: GREH) to Convert Stranded Gas into Power for Texas-Based EV Charging Infrastructure
Dallas, TX, July 17, 2025 – PRISM MediaWire – Allied Energy Corporation (OTC: AGYP), a Texas-based independent energy producer focused on hydrocarbon production and well-site optimization, is proud to announce the execution of a Memorandum of Understanding (MOU) with Green Rain Energy Holdings Inc.
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Allied Energy Corporation Profile
| Energy Equipment & Services Industry | Energy Sector | George Monteith CEO | OTC PINK Exchange | 019151208 CUSIP |
| US Country | 1 Employees | - Last Dividend | 24 Jan 2012 Last Split | - IPO Date |
Overview
Allied Energy Corporation, based in Carrollton, Texas, operates within the oil and gas industry, primarily focusing on leasing and reworking oil and gas projects located in Texas, United States. It specializes in identifying and developing underutilized oil and gas assets, aiming to maximize their potential value and production capabilities. As of June 14, 2022, the company functions as a subsidiary of Harvard Resources Inc., which may influence its operations and strategic direction. Allied Energy Corporation's endeavors in the oil and gas sector underscore its commitment to contributing to energy production and supply in the region.
Products and Services
- Leasing and Reworking Oil and Gas Projects:
Allied Energy Corporation's core business revolves around leasing and reworking oil and gas projects. This involves acquiring leases for land believed to contain valuable oil or gas reserves and applying technical and operational expertise to enhance the productivity of these sites. The objective is to revitalize underperforming or abandoned oil and gas wells, thereby extracting additional value from these resources.
- Prometheus Lease:
The company holds interests in the Prometheus lease, which spans approximately 325 acres in Garza County, Texas. This project represents a significant part of Allied Energy Corporation's portfolio, reflecting the company's strategic focus on developing oil and gas sites with promising potential for production and profitability.
- Annie Gilmer Project:
Another notable project is the Annie Gilmer, encompassing an area of 300 acres. Similar to the Prometheus lease, this project demonstrates the company's dedication to identifying and capitalizing on oil and gas opportunities within Texas, underscoring its expertise in the sector and commitment to growth.
- Green Lease Project:
The Green Lease project, covering an expanse of 890.7 acres, further exemplifies Allied Energy Corporation's approach to oil and gas development. By holding interests in such sizable projects, the company secures its position in the market and ability to influence the energy sector's dynamics through significant production ventures.
