OTCBlaze Newsletter
September 30, 2010
Hi everyone,
OUR NEW BLAZIN TRADE ALERT IS
LBYE (Liberty Energy Corp.)!!!
The company has 4 wells in production in Texas, which are being worked on and expected to be pumping an initial production of 200+ barrels of oil per day per well. These wells achieved 3,000 to 10,000+ per day and the company will work to get them back to this range. That`s right, they are not looking for oil, they have it at their fingertips. This puts them way ahead of the game. Let`s say they have 4 wells pumping 3,000 barrels of oil per day at $70/barrel. That is $840,000/day or $306,000,000/year!!! That`s pretty sick!!!
LBYE also has a plan to vastly increase their current production. They hope to follow with a full on massive production plan for their Lockhard Lease (in Texas) by drilling up to a possible 282 new wells! They are also expanding into Bulgaria with some low-risk, high-reward opportunities.
Best of all,
LBYE has financing in place to continue to finance their business plan and increase their oil production.
LBYE has an equity agreement in place that does NOT include any debt financing and facilitates funding of up to $8 MILLION!
This could really turn into something BIG and could happen quickly. I recall another energy company which opened 1 well and it ran up 150% in one day when that "oil is flowing" PR came out.
LBYE has been putting out a lot of news, so they are keeping investors aware of all activities. This is very positive and helpful, as we know in the penny market!!
Below you will find more information on
LBYE to get you started on your DD:
OTC/Pinksheets Level:
OTCQBStock Chart: http://stockcharts.com/h-sc/uis=
LBYE&p=D&b=5&g=0&id=p22873215435&a9787565
Support Levels: .5733 and .5367
Resistance Levels: .6733 and .7367
Company Website: http://www.energy-liberty.com/
Yahoo Finance: http://finance.yahoo.com/qs=
LBYE.OB
About
LBYE:
Liberty Energy Corp 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.
Good luck trading today!!
OTCBlaze
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