* OREO * Today’s All-American Oil Play is given a Price-Target of almost 4 Dollars!
StockLockandLoad Newsletter
[1]StockLockandLoad.com NEWSLETTER Members, * OREO * Today`s All-American Oil Play is given a Price-Target of almost 4 Dollars! Symbol: OREO.ob Current PPS: $1.43 <— Great Entry Point! 10-Day Avg Vol: 1.1M With summer just around the corner, gas prices are predicted to rise to nearly $5 per gallon in the U.S.! Why suffer from the pain at the pump without trying to profit from it in some way SL&L`s All-American Oil Play for Today is * OREO *! American Liberty Petroleum Corp. (OREO) is a 2008 founded Bakersfield, California based acquisition, drilling, and production company focused on oil and natural gas properties in the under-explored state of Nevada. OREOs main focus is to reduce the American dependency on foreign oil, which coincides with President Obamas commitment to decrease U.S oil import by one-third before 2022.
OREO sees all the potential in the under-explored state of Nevada and is diligently working on maximizing the production of American soil. With this in mind, OREO currently has three oil and gas leases in Nevada, with enough potential to surpass Occidental Petroleum`s 2009 discovery of 1 billion barrels of oil in California.
OREOs Gabbs Valley Prospect is composed of 8,157 acres and is perfectly situated on Nevadas Cobble Cuesta structure, which is estimated to have reserves in excess of 4 billion barrels. Similarly, OREOs Kibby Flat Prospect of 7,270 acre is located in the Monte Cristo basin of Nevada where 2008 geologist reports concluded OREOs property has recovery reserves as much as 669 million barrels. OREOs recent additional lease is the 3,840 acre Cortez lease that is located nearby OREOs Gabbs Valley Prospect, which also included the Paradise 2-12 well that has been stated by mud logs to have several zones containing excessive amounts of oil.
While OREO is actively working to make all its properties 100% operational, a leading research firm announced OREO has all necessary tools to meet Cohen`s Long-Term Price-Target of $3.85! Website: [2]www.americanlibertypetro.com Why does SL&L like OREO * According to the Energy Information Administration, global oil demand is expected to increase by another 1.5% to 89.25 million barrels a day this year.
* Given the tension in the Middle East and its impact on global oil supplies, as well as increasing global demand, global oil prices have risen more than 11% already this year.
* One of President Obamas ongoing goals is to decrease U.S oil import by a third before 2022; OREO sees the potential in the under-explored state of Nevada and is diligently working to become a major U.S. Oil supplier.
* In February 2012, President Obama reaffirmed his administration`s commitment to increase domestic oil production during his energy conference at the University of Miami. Just check out the video below:
[3][jpeg] * In 2009, Californias third largest oil producer, Occidental Petroleum, made history with the discovery of 1 billion barrels of oil in the California area. OREO believes its Nevada leases have the potential to make Californias discovery look minimal as the companys properties are situated on landmarks known to have oil reserves in excess of 4 billion barrels.
* At $103 per barrel of oil, OREOs Gabbs Valley Prospect of 4 billion barrels of oil is located on top of Nevadas Cobble Cuesta structure with a possible value of $412 billion.
* OREOs Paradise 2-12 well acquisition is located on a promising region as mud logs have indicated several zones contain oil; OREO is currently planning pumping operations for the near future.
* OREO has Strong Management. The company recently welcomed Vincent Ramirez to the management team. Mr. Ramirez brings oil and gas expertise from his previous roles with major industry players such as Shell and Amoco; OREO is equipping itself with the appropriate people and tools to make OREO a major industry player.
* The Major Buzz on OREO continues to spread across America – this can be backed up by looking at the huge increase in trading activity over the past few months! * SL&L has heard rumor that Solid News is due in the near future! * Taking a look at the 6-month chart below, you will see that OREO has taken some healthy consolidation after its initial break up the chart! Just three-weeks ago, [4]Cohen Research gave * OREO * a [5]Price-Target of [6]$3.85! [7][jpeg] SL&L thinks * OREO * is Ready for its Next Move Higher! All members should consider picking up shares of…
Today`s All-American Oil Play! OREO looks READY to LOCK and LOAD!! American Liberty Petroleum Corp. Acquires Third Exploration Lease in Under-Explored Gabbs Valley, Nevada 8:59a ET April 11, 2012 (Business Wire) American Liberty Petroleum Corp. (OTCBB: OREO.OB; herein after “American Liberty” and/or “the Company”) is pleased to announce its acquisition of a 60% Working Interest (WI) and 50.7% Net Revenue Interest (NRI) in Nevada-based BLM Lease NVN090504 (the `Lease`).
The 1,760-acre Lease is located on the under-explored 26,000-acre Cobble Cuesta structure in the northwest part of Gabbs Valley in Nye County, Nevada. The new Lease is considered part of the Company`s Gabbs Valley Prospect due to its close proximity to the Prospect`s other two leases: the 2,557-acre Gabbs Valley lease (75% WI; 63.375% NRI) and the 3,840-acre Cortez lease (60% WI; 48% NRI).
With the addition of the new Lease, the Company`s Gabbs Valley Prospect now totals 8,157 acres.
The Company`s acquisition of a WI and NRI in the Lease was outlined in the April 3, 2012 First Amendment to a June 27, 2011 Operating Agreement (the `Agreement`) between American Liberty Petroleum Corp., Desert Drilling, LLC, and Independence Drilling, LLC (the `Parties`). The Parties entered into the Agreement to jointly develop and operate certain oil and gas leases, including those leases that comprise the Company`s Nevada-based Kibby Flat Prospect and Gabbs Valley Prospect.
Exploratory wells on the Gabbs Valley Prospect`s Cortez lease and Gabbs Valley lease have resulted in hydrocarbon shows, and have recovered oil on the Cortez lease. Most recently, the Company`s completion efforts on its Paradise 2-12 well on the Cortez lease resulted in production of approximately 200 barrels of oil/water mixed fluid. A sample of the fluid was sent to the Foreland Eagle Springs refinery for further analysis, the results of which will be used for evaluating the next step of the well completion process.
American Liberty Petroleum`s President, Alvaro Vollmers, commented: “We`re fortunate to have this opportunity to expand the holdings that make up our Gabbs Valley Prospect. The other two leases in the Gabbs Valley Prospect have already demonstrated their petroleum potential through hydrocarbon shows, and the production of oil from the Paradise 2-12 well has validated there is live oil in the Gabbs anticline. We can now begin work on how to best assess and realize this new lease`s potential.
FOR MORE INFORMATION Learn more about the Gabbs Valley Prospect at the American Liberty Petroleum website, where you can also find more information about the Company as well as the latest news releases: http://www.americanlibertypetro.com.
ABOUT AMERICAN LIBERTY PETROLEUM CORP.
Based in Bakersfield, California, American Liberty is a publicly traded company (OTCBB: OREO.OB) focused on reducing Americas need for imported oil through discovering major, new onshore US energy resources and by tapping overlooked or undervalued onshore domestic resources through exploration and development technologies not previously available. Recent significant discoveries, such as Occidental Petroleum`s estimated 1+ billion barrels of oil and natural gas equivalents in California*, underscore the potential for developing new oil and gas production solutions in western America. Next door in the under-explored state of Nevada, American Liberty`s 8,157-acre Gabbs Valley Prospect is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of 4+ billion barrels**. The Company`s 7,270-acre Kibby Flat Prospect in the Monte Cristo basin, meanwhile, represents estimated ultimate recovery (EUR) of as high as 669 million barrels of oil according to a 2008 report***.
* Occidental Petroleum`s Path to Easy Oil. Forbes Magazine, March 29, 2010 **
Reserve Estimates for the Cobble Cuesta Structure, Alfred H. Pekarek, Ph.D., Geologist, January, 2008 *** Kibby Flat Prospect report, Jerry Walker, Consulting Geologist, Sept. 2008 ON BEHALF OF THE BOARD OF DIRECTORS, American Liberty Petroleum Corp. Alvaro Vollmers, President 4900 California Ave Tower B-210 Bakersfield, CA 93309 OTCBB: OREO.OB ———————————————————– Follow SL&L on:
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—————————————————————————— ————————————- StockLockandLoad 2012 References 1. http://www.StockLockandLoad.com/
2. http://www.americanlibertypetro.com/
3.
http://cnsnews.com/video/washington/obama-touts-more-domestic-oil-production-less-reliance-foreign-oil 4.
http://www.cohenresearch.com/cohenresearch/Images/American_Liberty_Petroleum_04_02_2012.pdf 5.
http://www.cohenresearch.com/cohenresearch/Images/American_Liberty_Petroleum_04_02_2012.pdf 6.
http://www.cohenresearch.com/cohenresearch/Images/American_Liberty_Petroleum_04_02_2012.pdf 7.
http://www.cohenresearch.com/cohenresearch/Images/American_Liberty_Petroleum_04_02_2012.pdf 8. http://www.twitter.com/stocklocknload1 9. http://www.facebook.com/pages/StockLockandLoadcom/193974263971920 10. mailto:alerts@stocklockandload.com 11. http://www.stocklockandload.com/disclaimer/
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