Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Liberty Energy Corp LBYE

Liberty Energy Corp is an energy company. The Company is engaged in the acquisition, exploration and development of natural resource properties. The Company's properties are located in the United States. The Company's operations are primarily located in Baylor County, Texas. The Company has four oil and gas producing leases in a transaction, which covers 1,038 acres with 17 oil wells, four injection wells and related surface production equipment. The leases provide 100% working interest and 70-75% net revenue interest (NRI) for the Company in exchange for seller financing, a carried 5% ORR and $50,000 in restricted preferred stock. The leases are estimated to contain a minimum of 15 and likely up to 30 infill drilling locations with expectations based on historical IP (initial production) rates of between 15-20 BOPD on new wells. The Company has working interests in Bastrop County, Caldwell County and Eastland County, all located in Texas.


GREY:LBYE - Post by User

Post by optiprimeon Mar 23, 2011 10:51am
291 Views
Post# 18327511

Liberty Energy Corp.

Liberty Energy Corp.

LBYE is an independent, innovative oil and gas company dedicated to sourcing and utilizing fuel reserves in the US and Europe, assisting with America’s energy independence while providing increased value to shareholders.

LBYE has only recently gone public and has extraordinary potential to experience strong gains due to the growing investor interest in the company.

With the recent increase in the price of oil, gains are even more likely. We have witnessed strong bullish technical indicators which gives LBYE the opportunity to skyrocket!
Currently the RSI is at extremely low levels- 40, which signifies a strong potential for a surge in valuation.
Moreover, we have buildup and support at 47 cents per share from which we could see higher levels as the price of oil continues to increase and as investors continue to flock the company.
The 52 week high trading range for shares of LBYE is 1.50 which represents potential gains of over 200%

<< Previous
Bullboard Posts
Next >>