Here are the OTC oil stocks which are up big in mid-day trading. Keep an eye on these stocks:-
Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Gains Momentum
ZNOG is the notable gainer in oil & gas sector and now up by 7% to $0.4450. The stock has traded with more than 873k shares traded for the session, compared to its 30-day average volume of 1.56 million shares. ZNOG stock has been under selling pressure over the past 6-month with a fall of 50%.
665 Energy, Inc. (OTCMKTS:SSOF) Stock Jumps In Mid-Day Trading
SSOF stock is seeing mild buying pressure by the mid-day session on Wednesday. As of 12:48, SSOF stock is up by 9% to $0.0036. So far, more than 11 million shares traded for the session, compared its 30-day average volume of 17.42 million shares. The stock opened at $0.0031 and moved within a range of $0.0030 – 0.0037. Over the past 52-week, the stock has moved within a range of $0.0004 – 0.0129.
U.S. Energy Initiatives Corporation Inc. (OTCMKTS:USEI) Jumps On Unusual Volume
USEI continues to gain momentum and is up another by 4% to trade at $0.0028. Total volume was 434.43 million shares, compared to its daily average volume of 181.83 million shares. After opening at $0.0028, the stock has been moving in a range of $0.0022 – 0.0029 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.
