Liberty Energy Corp
The company has commenced work and has already seen the pressure of the well rise significantly to over 1625 PSI. The production the company has been getting up to this point appears to have been from gas that was able to migrate through the sand up the well bore to the sales line.
“We are pleased to be getting this work underway and are confident from the initial work undergone that we have a very healthy well on our hands. As an oil and gas company, operations are always preferable to time in the office, and we’re enjoying working with the crew on site,” said Daniel Martinez-Atkinson, CFO of Liberty Energy Corp. For more information and pictures of the team at work on this and other activities of the Company, see the Liberty Energy website: www.energy-liberty.com
Liberty Energy Corp. (OTCBB:LBYE) is an Independent Oil and Gas Exploration and Production Company dedicated to the sourcing and production of fuel supplies in the United States and Europe. Headquartered in Houston, Texas, the company has signed agreements to acquire leases and royalties in both Texas and Bulgaria, covering several wells with extensive potential for future development. In Texas, four leases — Dahlstrom, Ratliff, and two at Lockhart Northeast — are identified as rich oil and gas sites based around numerous geological pay zones. In North-West Bulgaria, Liberty has acquired royalty rights to a 1,000,000+ acre natural gas property (the A-Lovech exploration block), an area of high quality, low- sulphur natural gas condensate. Through this combined international reach and domestic focus, Liberty Energy is committed to the development of US fuel reserves while seeking out further opportunities for the global energy markets.
(LBYE.OB) Liberty Energy Corp. Begins Work On Dahlstrom #1 Well In Texas
LBYE.OB, LBYE.OTCBB, OTCBB:LBYE, LBYE
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