SOURCE: IO NewsWire

March 06, 2012 07:31 ET

American Liberty (OREO) Expands Its Management Team

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - Mar 6, 2012) - American Liberty Petroleum, Corp. (OTCBB: OREO) announced yesterday that they have appointed Vincent Ramirez to the Vice President of Operations position. Mr. Ramirez has worked in all aspects of oil and gas, during which he has worked with companies like Shell (NYSE: RDS) and Amoco (NYSE: BP).

American Liberty, which is focused on the Western part of the US, is not alone in seeing possible potential in Nevada and California, Anadarko Petroleum (NYSE: APC) has properties in Nevada while Occidental Petroleum (OXY) has recently found an estimated 1 billion barrels of oil and natural gas equivalents in California.

American Liberty Petroleum Corp. focuses on the acquisition, drilling, and production of oil and natural gas properties and prospects. The company's President, Alvaro Vollmers, argues that "there are real solutions within our own borders that will contribute to the nation's increased energy independence." American Liberty's 6,397-acre Gabbs Valley Prospect in Nevada is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of 4+ billion barrels.

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