NEW YORK, NY--(Marketwire -06\/06\/12)- American Liberty Petroleum, Corp. (OREO) has recently announced a progress update to their Nevada based wells and has released that they have completed their second sale of crude to Foreland's Eagle Springs Refinery. <\/p>\n
In its report on American Liberty Petroleum, Grass Roots Research noted that the U.S. demand for energy is forecast to grow 20% from 2009 to 2035. The main driving force for oil will be ever increasing demand for energy. Grass Roots believes that oil will remain a dominant fuel in the future as growing demand for energy is not likely to be fulfilled by alternative sources. Additionally, geopolitical tensions make oil imports from Middle East erratic. According to Grass Roots, this calls for substantial oil and gas investment domestically. OREO is one U.S. oil company that is looking to explore oil and gas domestically. Grass Roots also notes that OREO's two attractive oil prospects, which are situated in Western Nevada, are estimated to have a total reserve of approximately 4.6 billion barrels. (http:\/\/bit.ly\/MeodIp<\/a>) <\/p>\n Other active stocks are Isramco, Inc (ISRL), Hercules Offshore, Inc. (HERO) and Gulfport Energy (GPOR) <\/p>\n Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails. <\/p>\n<\/p>\n Continued here: <\/p>\n American Liberty (OTCBB: OREO) Issues Progress Report on Nevada Wells<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK, NY--(Marketwire -06\/06\/12)- American Liberty Petroleum, Corp. Continue reading