Here are the oil & gas OTC stocks which are witnessing good momentum in mid-day trading. Keep an eye on these stocks:-
Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Extends Rally: Now What?
ZNOG continues to tick higher and now trading higher by 8% to $0.46. The stock has traded with more than 655k shares traded for the session, much higher than its 30-day average volume of 1.56 million shares. FTXP stock has been gaining momentum over the past week with a jump of 30% in the past week.
665 Energy, Inc. (OTCMKTS:SSOF) Stock Jumps In Mid-Day Trading
SSOF stock is seeing another green day and by mid-day trading, SSOF stock is up by 8.60% to $0.0038. So far, more than 5.64 million shares traded for the session, compared its 30-day average volume of 17.35 million shares. The stock opened at $0.0036 and moved within a range of $0.0033 – 0.0038. Over the past 52-week, the stock has moved within a range of $0.0004 – 0.0129.
Foothills Exploration, Inc. (OTCMKTS:FTXP) Jumps On Unusual Volume
FTXP is another active gainer in today’s trading session. The stock has increased by 18.20% to trade at $0.0026. Total volume was 170.29 million shares, compared to its daily average volume of 203.70 million shares. After opening at $0.0021, the stock has been moving in a range of $0.0019 – 0.0026 for the session. Last week, it announce that the Company has reached settlement agreements with and/or repaid and retired convertible promissory notes with all but one of its variable-rate convertible noteholders.
Another oil stock to keep an eye on is Allied Energy (OTCMKTS:AGYP) as stock had a major breakout Friday as we know on high volume. AGYP stock has been gaining solid momentum since the beginning of the year with a jump of about 500%. The stock had been consolidating after the big rally and broke above 35 cents to trigger a technical breakout. Recently, the company released recent rework activities as well as highlights to a work schedule that the Company believes will bring multiple wells online.