SOURCE: IO Circuit

November 15, 2011 07:30 ET

American Liberty Petroleum Developing Under-Explored Areas

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

NEW YORK, NY--(Marketwire - Nov 15, 2011) - American Liberty Petroleum, Corp. (OTCBB: OREO) released an overview of their ongoing Nevada projects as well as highlighting geologist estimates for their property.

American Liberty is not alone in seeing possible potential in Nevada; Anadarko Petroleum (NYSE: APC) and Gasco Energy (NYSE Amex: GSX) all have properties in the state. In an article Nevada's Hidden Treasure: Black Gold ( it states, "On certain outcroppings in central Nevada, you can pick up a rock, bust it open, and literally smell petroleum, or something like it. Deposits of chainman shale are thicker there than anywhere outside of Saudi Arabia and Kuwait. As far back as 1905, Nevadans were touting our state's oil potential."

American Liberty is situating itself "next door" to Occidental Petroleum's (NYSE: OXY) estimated 1+ billion barrels of oil and natural gas equivalents in California in the exploration-friendly state, Nevada.

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