Allied Energy Corporation (OTC: AGYP) Announces Operational Launch of Sloan Petroleum and Enerhash USA Project, Paving the Way for Future Growth
ALLIED ENERGY CORP (AGYP)
Company Research
Source: GlobeNewswire
CARROLLTON, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) announces that the Sloan Petroleum and Enerhash USA project is now fully operational, working at 1MW off the flare gas from the Frost location. This project, which features the placement of advanced Bitcoin mining containers by Enerhash on the Sloan property, promises to drive revenue growth for Allied over the coming months. The company is excited to report that Allied has received its first revenue check from the Sloan Petroleum/Enerhash USA Frost operation, a testament to the project's success and our commitment to innovative energy solutions. The project is set to generate revenues for Allied over the next six months, positioning us for financial growth. In addition, we are pleased to share that our Bitcoin project in collaboration with Enegix Global, River Energy Group LLC at the Thiel #1 well site is undergoing a transformation into a commercialized venture. The company anticipates pr
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