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Liberty Energy Corp LBYE

Energy Oil & Gas E&P Oil & Gas Equipment & Services
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

Liberty Energy Corp
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Post by DScottDailyon Jul 09, 2012 2:42pm
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Post# 20095427

OTCBB:LBYE

OTCBB:LBYE

The company seems to be coming out of a very quiet period for both the company and stock. Two recent PRs, may lead me to believe that the company has an interesting future coming this summer. Might be something to pay attention to . OTCBB:LBYE www.energy-liberty.com www.facebook.com/LibertyEnergyCorp

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Dealroom for high-potential pre-IPO opportunities