Replies to post #3707 on Liberty Energy Corp. (LBYE)

[noctu_1]

As previously announced, the Archer County lease covers 140 Acres with 21 oil wells and 2 injection wells. The lease has current production on average 6 Barrels Of Per Day (BOPD) from currently producing wells. The Baylor County leases cover 1,100 Acres with 17 oil wells, 4 injection wells and has revised current production of approximately 2 Barrels Of Per Day (BOPD) from currently producing wells.

Read more: http://www.nasdaq.com/press-release/liberty-energy-corp-provides-updates-for-archer-and-baylor-county-development-plans-20140107-00779#ixzz2qaboCYJN

It may be a "Hobby Farm" as you put it, but there is production.