SOURCE: Equity news Alert

April 19, 2012 07:30 ET

American Liberty Petroleum (OTCBB: OREO) Receives $3.85 Price Target

Note to Editor: The Following Is an Investment Opinion Issued by Equity News Alert.

NEW YORK, NY--(Marketwire - Apr 19, 2012) - American Liberty Petroleum, Corp. (OTCBB: OREO) an oil and gas exploration and development company focusing on similar areas as ExxonMobil (NYSE: XOM), Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX), has been issued a $3.85 price target by Grassroots Research and Distribution, Inc.

The initial report includes Grassroots proprietary Cohen Price Target which is calculated on a Price to Earnings-2014 ratio of $2.36, Price to Capital Employed of $5.48, the Cohen Performance Index value of $2.96 and the Cohen Discounted Cashflow of $4.60. These methods lead to a long term price of $3.85. To view the entire report, please visit

Most recently, the Company's completion efforts on its Paradise 2-12 well on the Cortez lease resulted in production of approximately 200 barrels of oil/water mixed fluid. A sample of the fluid was sent to the Foreland Eagle Springs refinery for further analysis, the results of which will be used for evaluating the next step of the well completion process. For more information, please visit

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