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Liberty Energy Discloses New Texas Acreage

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August 1, 2012

Liberty Energy Corp. (LBYE) announces further details on its new Texas acreage.

The Company has recently secured an average 97.9% working interest on over 626 acres in Caldwell, Texas.

The Company intends to target 3 main pay zones: the Dale Lime, Austin Chalk and Edwards. New field discoveries based on logged but undeveloped shows are also possible in the Salt Flat and Dale Lime fields. With the application of acid/fracture jobs and/or 'far-out perforating' it is believed that the Company could be able to increase production and possibly access undeveloped ...

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