Liberty Energy Corp. (LBYE)

[sopmodman]

News out

HOUSTON, Texas – May 2, 2014 (For Website Release) — Liberty Energy Corp. (OTCQB: LBYE) (“Liberty” or “the Company”) an independent oil and gas company targeting onshore Texas conventional oil plays with a current focus on the Fort Worth Basin, today announces that improvements to production have been positive since they began two weeks ago on the recently acquired Baylor County leases.
PRODUCTION UPDATES
The Company has completed our initial takeover of field operations of the Baylor County Leases and have 4 wells online making 3 to 4 Barrels of oil per day. The existing oil in place when Liberty took possession of the leases is estimated to be 105 barrels of marketable oil. We anticipate that within 3 weeks Liberty will be able to have a full load for sale and realize our first income from the Baylor County leases.
“Management is pleased with the anticipation of our first sales revenue from the Baylor County leases as it represents a milestone for the management team and our shareholders. I look forward to presenting further updates to production from the workover and infill drilling program in the coming weeks.” Stated CEO, Arthur Roy.
WORKOVER PROGRAM
Liberty has begun