Project Example: BHPB farmed into one of Liberty 's off-shore blocks with a two well drilling commitment. VIC/P45 is a 215,000-acre block, adjoining the prolific King Fish Field operated by BHPB/ESSO. The King Fish has produced more than one billion barrels of oil to date.
Liberty Petroleum Corporation is an independent energy company committed to discovering and developing oil and natural gas reserves throughout the world.
Liberty Petroleum actively participates in tradeshows, conferences and research to stay abreast of the industry.

10 May 2007
Apace Corporation finishes 3-D seismic shoot over VIC-45, as operator of the block Apace must drill a well to fulfill Liberty Petroleum's farm-in agreement. Apache Corporation is the most experienced offshore operator in Australia and may tap the estimated 1 TCF Archer prospect that has proven reserves of several million barrels of oil and 100 BCFG.

9 May 2007
Stuart Petroleum Farms in to PEL-100 and will drill a well within the next year paying 100% of costs for 50% of block. Liberty is excited with Stuart's record having successfully drilled almost 40 wells in the last several years booking reserves of almost $150,000,000 in value.

26 April 2007
Nexus Energy declares "Longtom economic and Books reserves". Liberty reports that the Longtom field VIC-54P has been green lighted for development by block operator Nexus Energy. With reserves of 400 to 800 BCFG this is one of Liberty Petroleum's keystone assets.
Liberty Petroleum Corporation searches the globe for world-class petroleum prospects. Once evaluated, we team up with world-class operators to develop them. This way we can expedite the investor return and do what we do best…hunt giants.

Lane Franks, President
Liberty Petroleum Corporation works with world-class farm-in partners.
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