Here are the OTC oil stocks which are up big in mid-day trading. Keep an eye on these stocks:-
Seadrill Limited (OTCMKTS:SDRLF) Moves up
SDRLF is the notable gainer in oil & gas sector and now up by 11% to trade at the high point of the session at $0.31. The stock has traded with more than 120k shares traded for the session, compared to its 30-day average volume of 131k shares. The stock opened at $0.2979 and moved within a range of$0.2800 – 0.3100.
Baytex Energy Corp. (OTCMKTS:BTEGF) Extends Rally
BTEGF stock is seeing mild buying pressure by the mid-day session on Wednesday. As of 12:46, BTEGF stock is up by 2% to $1.93. So far, more than 55K shares traded for the session, compared its 30-day average volume of 514K shares. The stock opened at $1.87 and moved within a range of $1.8700 – 1.9499. Over the past 52-week, the stock has moved within a range of $0.2900 – 2.0500.
88 Energy Limited (OTCMKTS:EEENF) Continues to Gain
EEENF continues to gain momentum and is up another by 9% to trade at $0.2240. Total volume was 116.49 million shares, compared to its daily average volume of 203.13 million shares. After opening at $0.0207, the stock has been moving in a range of $0.0200 – 0.0225 for the session.
Another oil stock looks interesting is Allied Energy Corporation (OTCMKTS:AGYP). The company has put out some more tweets updating their progress on their Green Lease. Progress is being made. The site has been cleared for the flow lines, 2 injection wells are set and the battery of collection tanks are ready for oil to flow. 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 and the stock has soared over 50% in a week. AGYP stock has been gaining solid momentum since the beginning of the year with a jump of about 900%. The stock had been consolidating after the big rally and broke above 35 cents last week 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.
