HOUSTON, Nov. 1, 2013 /PRNewswire/ -- Liberty Energy Corp.
(OTCQB: LBYE) ("Liberty" or "the Company") an independent oil and
gas company targeting onshore Texas oil conventional plays with a current
focus on the Fort Worth Basin,
today announced that the Company has received additional capital
from its private placement agreement with Houston based, public equity fund, Petro Fund
I, Inc. executed earlier this year.
Liberty has used the proceeds to settle all outstanding
convertible debt with Asher Enterprises whereas the Company does
not owe any additional funds and there will be no more conversions
to stock. The capital was paid this week in the amount of the
remaining balance of $31,118.20 after
898,204 common shares of stock were issued mid-October.
Liberty has moved to its Corporate Headquarters located at 2425
Fountain View Drive, Suite 300, Houston
Texas 77057. Liberty's newly updated website is located at
http://LibertyEnergyCorp.com. Please sign up for the Liberty email
newsletter via the website to get the most recent up to date
information.
"We are very pleased to have finished the final steps of the
initial phase of the company while preparing to complete several
acquisitions of production with upside in North Central Texas. Next we look forward to
finalizing our first producing acquisition and introducing several
other producing assets we intend to acquire near term," stated, CEO
Arthur Roy.
ABOUT LIBERTY: Liberty Energy Corp. (OTCQB:LBYE) is an
Independent Oil and Gas Exploration and Production Company
dedicated to the sourcing and production of oil and gas onshore in
the United States. Headquartered
in Houston, Texas, the company has
acquired several leases with extensive potential for future
development.
Certain statements in this press release are forward-looking and
involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended.
Liberty Energy Corp. bases these forward-looking statements on
current expectations and projections about future events, based on
information currently available. The forward-looking
statements contained in this press release may also include
statements relating to Liberty Energy Corp.'s anticipated financial
performance, business prospects, new developments, strategies and
similar matters. Liberty Energy Corp. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law. Please read full disclaimer:
http://www.libertyenergycorp.com/contact/disclaimer/
Contact:
Arthur Roy, CEO
Email:
IR@LibertyEnergyCorp.com
Liberty Energy Corp.
2425 Fountain View Drive
Suite 300
Houston Texas 77057
Phone: 1-832-649-2652
Fax: 1-832-575-1051
Email: Info@LibertyEnergyCorp.com
Website: http://LibertyEnergyCorp.com
Twitter: https://twitter.com/LibertyEnergyCo
Facebook: http://facebook.com/LibertyEnergyCorp
SOURCE LIBERTY ENERGY CORP
