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[barney]

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.

http://www.americanlibertypetro.com/...bby-report.pdf





Gabbs Valley Oil Prospect Report, NV

American Liberty Petroleum's Gabbs Valley Prospect is located on the Cobble Cuesta structure, a faulted anticline estimated to represent reserves of 4+ billion barrels of oil.

American Liberty Petroleum's 2,557-acre Gabbs Valley Prospect is located in Nye County on the 26,000-acre Cobble Cuesta structure in the northwest part of Gabbs Valley, Nevada. A report by Alfred H. Pekarek,Ph.D., Geologist from January 2008 estimated the Cobble Cuesta structure represents reserves of 4+ billion barrels of oil based on reservoir and production data from producing Nevada oil fields.

The Nevada-based Cobble Cuesta structure's 12 mile by 5 mile faulted anticline appears to be positioned to receive oil migrated from deeper areas in the eastern part of the valley. Pekarek goes on to note that, based on the location and structural position of oil seeps and radiometric and soil gas anomalies, "a significant part, perhaps all, of the structure has been filled.

"The report concludes that if only a fraction of the estimated reserves are found to be in the Cobble Cuesta structure, it will still rank among the largest oil accumulations in the western United States.

http://www.americanlibertypetro.com/...bbs-report.pdf






American Liberty Petroleum is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “OREO”, and within the OTCQB market tier. As such, Business, operational and financial information on OREO is fully transparent and available to public view.

Visit http://www.otcmarkets.com/stock/OREO/company-info to see complete details.

OREO is Active on the Nevada Sec. of State site:
http://nvsos.gov/sosentitysearch/Cor...53d%253d&nt7=0

Market Value: $147,565,834 a/o Mar 30, 2012
A/S : 450 Million
O/S : 105,404,167 as of 3/13/2012


10-Q reported 3/13/2012 period ending 1/31/2012
http://www.otcmarkets.com/edgar/GetF...lingID=8489623

Incorporated In: NV,USA
Year of Inc.: 2008

Transfer Agent

Signature Stock Transfer, Inc.
2632 Coach Light Ct,
Plano, Texas 75093

(972) 612-4120
http://www.stocktransfer.com/index.c...transferagents













http://finance.yahoo.com/news/americ...125900266.html


Business Wire - (Tue, Mar 20)
American Liberty Petroleum Corp. Provides Background on Paradise 2-12 Well Acquisition & Completion Efforts in Gabbs Valley, Nevada
http://finance.yahoo.com/news/americ...125900266.html

Business Wire - (Mon, Mar 5)
American Liberty Petroleum Corp. Appoints Experienced VP of Operations to Management Team
http://finance.yahoo.com/news/americ...135900937.html

Marketwire - (Mon, Mar 5)
American Liberty Petroleum and Dejour Energy Benefit From Surging Crude Prices
http://finance.yahoo.com/news/americ...132000465.html

Business Wire - (Mon, Feb 27)
American Liberty Petroleum Corp. Reviews Western American Energy Production & Potential
http://finance.yahoo.com/news/Americ...81557.html?x=0

Business Wire - (Mon, Feb 13)
American Liberty Petroleum Corp. Adds New Oil Discovery Lease & Exercises Option to Receive Assignment of 3 Oil & Gas Leases
http://finance.yahoo.com/news/Americ...66316.html?x=0





Contact Us

[barney]

$OREO Showing some more accumulation here today , anybodies guess , but chart waning on the side of positive as we see a ascending triangle

[barney]

$OREO Showing some more accumulation here today , anybodies guess , but chart waning on the side of positive as we see a ascending triangle

[barney]

$OREO updates and a chart ready for a reversal here imo

summary of the Company's recent progress on the Cortez Operation. The operation is located on the 3,840-acre Cortez lease in Gabbs Valley, Nye County, Nevada, and includes two wells: Cobble Cuesta 1-12 and Paradise 2-12.

In early May 2012, work resumed on the Paradise 2-12 well, including a fluid level test that indicated a 1920' fluid column in the well bore above the pump. Following the application of hot water and a new proprietary chemical formula treatment, the well produced additional fluid consisting of an oil/water mix. In total, approximately 29 barrels of crude was shipped to Foreland's Eagle Springs Refinery in neighboring White Pine County, representing the Company's second sale to Foreland. The BLM was also notified of the sale in order that the Company might secure "held by production" status on the Cortez lease.

The Company has continued to work with oil and gas consulting services firm Netherland, Sewell & Associates Inc. ("NSAI") to gather information toward determining next steps in the development of the Cortez operation. In particular, the Company is currently considering options that include:

1) Deepening the Cobble Cuesta 1-12 well

2) Deepening the Paradise 2-12 well

3) Drilling a new well based on information gained to date

4) Performing more seismic surveying prior to further exploration activities

NSAI is assisting the Company's assessment of all possible options by reviewing and evaluating the geological information currently available, and is providing American Liberty with their recommendations of the technical alternatives associated with each of the options, taking care to point out both the merits and potential challenges of each.

As of May 29, 2012, the Company had received an Authority For Expenditure (AFE) to re-enter the Cobble Cuesta 1-12 well, and an AFE to drill a new well in the Cortez lease. The AFEs act as budgetary documents that list the estimated expenses associated with the development activity in question: in the case of the well re-entry, an oil/gas well/re-enter with intermediate casing at 6000' and production casing at 8500', including perforate casing and frac; in the case of the new well, an oil/gas well with surface casing at 850', intermediate casing at 6000', and production casing at 8500', including perforate casing and frac.

[BankerSteve]

picked some shares up. thanks!