New StockGoodie $OREO ~ Full Company Profile
Post# of 28526
Posted On: 04/04/2012 7:08:57 PM
New StockGoodie $OREO ~ Full Company Profile
American Liberty Petroleum Corp. ~ OREO.OB
OREO -Business Description
American Liberty Petroleum Corp. focuses on the acquisition, drilling, and production of oil and natural gas properties and prospects. It has an option agreement with Desert Discoveries, LLC, under which the company has an option to purchase Desert Discoveries interest in the Leases covering an aggregate of 9,877.28 acres of land located in Nye, Esmeralda, and Mineral Counties, Nevada. The company was formerly known as Oreon Rental Corporation and changed its name to American Liberty Petroleum Corp in May 2010. American Liberty Petroleum was founded in 2008 and is based in Bakersfield, California.
Projects
$OREO Kibby Flats Oil Prospect Report
Kibby Flat Prospect, NV
American Liberty Petroleum's Kibby Flat Prospect is located in the southeastern part of Nevada's Monte Cristo Valley, and represents estimated ultimate recovery as high as 669 million barrels of oil.
The 7,270-acre Kibby Flat Prospect is located ~135 miles southeast of Reno in the southeastern part of Nevada's Monte Cristo Valley, an elongated northwest-southeast trending basin connected to Gabbs Valley by Stewart Valley.
A report by Jerry Walker, Consulting Geologist, in September 2008 concluded that estimated ultimate recovery (EUR) for the prospect could be as high as 669 million barrels of oil (mmbo). At current prices, the potential valuation for the prospect's ulti-mate recovery estimate of 669 mmbo is $71.15B (calculated at $106.36/bbl WTI Cushing Spot, Apr. 12, 2011).
By way of comparison, Occidental Petro-leum's ( NYSE :OXY discovery in 2009 of 1+ billion barrels of oil and natural gas equiva-lents next door in California is believed to be the largest in that state in over 35 years.
American Liberty Petroleum Corp. ~ OREO.OB
OREO -Business Description
American Liberty Petroleum Corp. focuses on the acquisition, drilling, and production of oil and natural gas properties and prospects. It has an option agreement with Desert Discoveries, LLC, under which the company has an option to purchase Desert Discoveries interest in the Leases covering an aggregate of 9,877.28 acres of land located in Nye, Esmeralda, and Mineral Counties, Nevada. The company was formerly known as Oreon Rental Corporation and changed its name to American Liberty Petroleum Corp in May 2010. American Liberty Petroleum was founded in 2008 and is based in Bakersfield, California.
Projects
$OREO Kibby Flats Oil Prospect Report
Kibby Flat Prospect, NV
American Liberty Petroleum's Kibby Flat Prospect is located in the southeastern part of Nevada's Monte Cristo Valley, and represents estimated ultimate recovery as high as 669 million barrels of oil.
The 7,270-acre Kibby Flat Prospect is located ~135 miles southeast of Reno in the southeastern part of Nevada's Monte Cristo Valley, an elongated northwest-southeast trending basin connected to Gabbs Valley by Stewart Valley.
A report by Jerry Walker, Consulting Geologist, in September 2008 concluded that estimated ultimate recovery (EUR) for the prospect could be as high as 669 million barrels of oil (mmbo). At current prices, the potential valuation for the prospect's ulti-mate recovery estimate of 669 mmbo is $71.15B (calculated at $106.36/bbl WTI Cushing Spot, Apr. 12, 2011).
By way of comparison, Occidental Petro-leum's ( NYSE :OXY discovery in 2009 of 1+ billion barrels of oil and natural gas equiva-lents next door in California is believed to be the largest in that state in over 35 years.
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