SOURCE: CAPITAL NEWS CIRCUIT

April 12, 2012 07:30 ET

American Liberty (OTCBB: OREO) Joins ExxonMobil (NYSE: XOM) Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX) in Expanding West

Note to Editor: The Following Is an Investment Opinion Issued by the Capital News Circuit

NEW YORK, NY--(Marketwire - Apr 12, 2012) - American Liberty Petroleum, Corp. (OTCBB: OREO) a company focused on reducing America's need for imported oil through discovering major, new onshore US energy resources has announced its further expansion into the US West with the acquisition of a 60% working interest in Nevada-based BLM Lease NVN090504. This focus on the western US is shared by companies like ExxonMobil (NYSE: XOM), Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX).

An Article in Oil and Gas Investor states that Nevada is one of the last places where a start-up company could still find its way to fortune. Geologist Alfred H. Pekarek, PhD points out that although Nevada is still considered frontier oil and gas province, enough data is available to indicate it has high potential for prolific production, and despite its limited exploration, Nevada has produced 51.12 million barrels of oil as of March 2010.

Exploratory wells on American Petroleum's lease in Gabbs Valley, Nevada have resulted in hydrocarbon shows and the company is eager to further explore the new lease to assess and realize its potential.

For more information on American Liberty Petroleum, please visit www.americanlibertypetro.com

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