Allied Energy, Inc.
AGGI
Other OTC2.25
USD
+0.55
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Allied Energy, Inc.
AGGI
(Other OTC)
Recent
price
2.25
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Allied Energy, Inc. operates as an independent oil and gas exploration and development company primarily focused on upstream activities. The company manages oil and gas projects across multiple locations in the United States, including Rogers County, Oklahoma; Leon County, Texas; Morgan County, Colorado; and Washington/Athens County, Ohio. Its core operations include exploration, leasing, well development, and production within approximately 6,000 acres under lease, with around 70 wells under active development. Founded in 2003 and headquartered in Bowling Green, Kentucky, Allied Energy primarily serves the energy sector with upstream oil and gas assets. Recent major developments for Allied Energy include a strategic partnership agreement announced in early 2024 with Petroloro LLC and ORO Energy LLC, enabling collaborative drilling operations and resource development. This partnership supports plans for drilling multiple additional wells in 2024 and beyond, reflecting a strategic focus on expanding operational capacity and resource extraction. Alongside oil and gas development, the company is diversifying by advancing renewable energy initiatives, including Bitcoin mining powered by flare gas operations from its projects, aiming to convert otherwise wasted energy into value-added clean energy products. Allied Energy has also taken operational steps to enhance its natural gas supply infrastructure to support its Bitcoin mining partners, exemplifying a strategic shift toward integrating traditional energy assets with emerging energy technology ventures. The company remains publicly traded under the ticker AGGI on the OTC Markets and employs a targeted approach to maximize asset value through both conventional and innovative energy solutions. In summary, Allied Energy, Inc. delivers oil and gas exploration and production services with geographic operations spanning key U.S. oil regions, while also pursuing strategic partnerships and renewable energy ventures focused on asset optimization and energy innovation, maintaining a solid foothold since its inception in 2003 in Bowling Green, Kentucky. This positions Allied Energy as a growing player in both conventional energy extraction and emerging energy technologies.
BILI Social Strengthens Corporate Governance with Appointment of Independent Directors and Formation of Board Committees
Allied Energy, Inc. (OTC:AGGI) Reports Record 2025 Results with Significant Revenue Growth and Achieves Profitability
Allied Energy, Inc. (OTC:AGGI) Reports Record 2025 Results with Significant Revenue Growth and Achieves Profitability
BILI Social, a Division of Allied Energy Inc. (OTC:AGGI), Expands Sports Monetization Platform Through Expanded Partnership with Royal Retros
BILI Social, Part of Allied Energy Inc. (OTC:AGGI), Wins Three Global Awards for Creator-Led Campaigns at BOLD Awards VI