Posted On: 04/03/2012 9:42:15 AM
Post# of 18391
$OREO Market Opportunity:
“Mr Obama’s target to decrease US oil imports by a third by 2022
may well be doubled, given the pace of US discoveries in the Gulf of
Mexico and onshore.”
– “The new geopolitics of oil.” Financial Times website, Apr. 6, 2011
Recent significant discoveries, such as Occidental Petroleum’s 1+ billion barrels of
oil and natural gas equivalents in California,
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prove the potential for developing new
oil and gas production solutions in western America.
Meanwhile, right next door in the under-explored state of Nevada are American
Liberty’s holdings, situated on a structure with enough estimated oil reserves (4+
billion barrels) to dwarf the Occidental discovery.
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