Allied Energy Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- George Monteith
- Full Time Employees
- 1
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
- Address
- P.O. Box 117498 Carrollton TX United States of America 75011
- IPO Date
- Nov 3, 2009
- Website
- alliedengycorp.com
- Similar Companies
- Business
- Allied Energy Corporation (OTC: AGYP) is an independent oil and gas company focused on the acquisition, leasing, reworking, and recompletion of mature wells and projects primarily in Texas, United States. The company specializes in revitalizing shut-in wells using advanced logging and completion technologies to extract untapped reserves from overlooked formations, targeting daily production rates of 10 to 50 barrels per well; its key assets include the 325-acre Prometheus lease in Garza County, the 300-acre Annie Gilmer project, the 890.7-acre Green Lease project, the Byers Heirs wells (including Byers #1 and #2 in Deu Pree Field, Wood County, with historical production exceeding 200,000 barrels), and the Cameron #1 well in the same field. Operations center on mature fields across Texas, with additional interests in Wood County and Palo Pinto County properties, serving commercial oil and gas markets through sustainable redevelopment of existing infrastructure. Founded in 1994 and headquartered in Carrollton, Texas, the company operates as a subsidiary of Harvard Resources Inc. since June 2022. Recent strategic developments include a September 2025 memorandum of understanding (MOU) to develop an option agreement on the Silver Reef Gold Property in California, expanding beyond traditional energy; a strategic MOU with Green Rain Energy Holdings Inc. (OTC: GREH) to supply stranded natural gas for powering EV charging infrastructure along Texas corridors like I-35 and I-10, tapping into NEVI funding and the $120 billion EV market; expansion of Thiel site gas-to-power capacity to 3.5 megawatts by Q3 2025 in partnership with Louis Energy Inc. for off-grid computing including Bitcoin mining; ongoing partnerships with Petroloro LLC and ORO Energy LLC formalized in 2024 for production enhancements at Gilmer lease involving 116 pump jack upgrades targeting Caddo and Strawn formations, plus new saltwater disposal leases and natural gas exploration; prior MOUs with Enerhash USA LLC and River Energy Group LLC for flare gas utilization in Bitcoin mining data centers; a terminated partnership with Energix due to unmet milestones; and a joint venture with WalkerGreen Tech LLC for microgrid solutions using flare gas.
Allied Energy Corp (OTC: AGYP) Provides Operational Update, Regulatory Compliance Progress, and Strategic Outlook for 2026
Allied Energy Corporation Signs MOU to Develop Option Agreement on Silver Reef Gold Property in California
Allied Energy Corporation Signs MOU to Develop Option Agreement on Silver Reef Gold Property in California
BREAKING: OTC: $GREH Signs MOU With OTC $AGYP To Energize Southwest
OTC: $GREH Signs MOU With $AGYP For Co-Gen EV Charging Tech
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
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
Allied Energy Corporation Advances Gas Supply Infrastructure to Support Bitcoin Mining Partner at Thiel Site
Allied Energy Corporation Outlook: Strong Growth and Strategic Developments
Allied Energy Corporation Outlook: Strong Growth and Strategic Developments
Allied Energy Fuels the Future of Crypto with Groundbreaking Natural Gas Agreement
Allied Energy Fuels the Future of Crypto with Groundbreaking Natural Gas Agreement
Allied Energy Corporation (OTC: AGYP) Announces Operational Launch of Sloan Petroleum and Enerhash USA Project, Paving the Way for Future Growth
Allied Energy Corporation (OTC: AGYP) Announces Operational Launch of Sloan Petroleum and Enerhash USA Project, Paving the Way for Future Growth
Allied Energy Corporation provides update on their Bitcoin Mining Joint-Venture Project
Allied Energy Corporation provides update on their Bitcoin Mining Joint-Venture Project
Allied Energy Corporation Signs Partnership Agreement on Green Lease Project
Allied Energy Corporation Signs Partnership Agreement on Green Lease Project
Allied Energy Corp Enters Groundbreaking Joint Venture with Enegix Global, One of the World's Leading Bitcoin Mining hosting providers
Allied Energy Corp – Bitcoin mining site number one now under development