X

Beacon Equity Reasearch Featured Company: American Liberty Petroleum Corp. (OREO)

American Liberty Petroleum is focused on reducing America’s imported oil dependency by discovering new, major onshore U.S. energy resources and tapping overlooked or undervalued onshore domestic resources through previously unavailable exploration and development technologies.

Significant recent discoveries like Occidental Petroleum’s oil and natural gas equivalents in California, estimated at more than 1 billion barrels of oil, emphasize the potential for the development of new oil and gas production solutions in western America. In the nearby, under-explored state of Nevada, American Liberty Petroleum’s 8,157-acre Gabbs Valley prospect is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of more than 4 billion barrels – enough estimated oil reserves to dwarf the Occidental discovery. According to a 2008 report, American Liberty Petroleum’s 7,270-acre Kibby Flat Prospect in the Monte Cristo basin represents estimated ultimate recovery (EUR) of as many as 669 million barrels of oil.

American Liberty Petroleum pursues today’s domestic energy opportunities with a disciplined business strategy, emphasizing a lean corporate structure, outstanding exploration, and a belief that America can regain the levels of security and independence it once enjoyed. At a time when America’s economy and security are threatened by foreign oil reliance, American Liberty believes real solutions exist within our borders to increase America’s energy independence.

Let us hear your thoughts: American Liberty Petroleum Corp. Message Board

Related Post