SmallCapNewsRelease:(OTCBB: OREO) Announces Updates to Their Energy Projects
JERICHO, NY—(SmallCapNewsRelease)—November 14, 2011, American Liberty Petroleum, Corp. (OTCBB: OREO) is focused on reducing America’s need for imported oil through discovering major, new onshore US energy resources and by tapping overlooked or undervalued onshore domestic resources through exploration and development technologies not previously available. The company has announced today, an update to their domestic projects.
American Liberty’s assets are in the under-explored state of Nevada. American Liberty’s 2,557-acre Gabbs Valley Prospect is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of 4+ billion barrels. The Company’s 7,270-acre Kibby Flat Prospect in the Monte Cristo basin, meanwhile, represents estimated ultimate recovery (EUR) of as high as 669 million barrels of oil according to a 2008 geologist report.
For more information, please visit http://finance.yahoo.com/news/American-Liberty-Petroleum-bw-4090493578.html?x=0&l=1
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