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Category Archives: Liberty
Liberty Energy Announces New Acreage in Caldwell County, Texas
Posted: August 1, 2012 at 7:19 pm
HOUSTON, Aug. 1, 2012 (GLOBE NEWSWIRE) -- Liberty Energy Corp. (LBYE) ("Liberty" or "the Company") announces further details on its new Texas acreage.
The Company has recently secured an average 97.9% working interest on over 626 acres in Caldwell, Texas.
The Company intends to target 3 main pay zones: the Dale Lime, Austin Chalk and Edwards. New field discoveries based on logged but undeveloped shows are also possible in the Salt Flat and Dale Lime fields. With the application of acid/fracture jobs and/or 'far-out perforating' it is believed that the Company could be able to increase production and possibly access undeveloped reservoirs that could produce at significantly higher daily rates and overall total production.
Typically there is between 2 and 160 acre spacing for well bores in this region. There are currently 385 operators (including Eagle Ford Oil Co., Inc., Luling O&G LLC and Texas Petroleum Investment Co.) and nearly 9,000 wells in Caldwell County.1 The Salt Flat oil field, (where the Company's 106 acre lease lies) in Caldwell County, is on a fault structure about 20 miles southeast of the main Balcones fault. The area is drained by the San Marcos River2, and the main producing formation is the Edwards limestone of the Comanchean Cretaceous. The field is 7.5 miles long and averages about 0.5 mile wide. To date the field has produced over 34 million barrels of oil from a total of around 350 wells.2 It is further estimated that ultimate recovery will be approximately 30,000 barrels of oil per acre.3
There is an old assumption that only the top five (5) feet of the Edwards is productive. However, new field information suggests that there are different producing intervals in the Edwards formation. These intervals are not separated by the normal shale intervals found in other producing formations, but are rather separated by chert layers in the limestone of the Edwards which reduce the permeability to zero. This raises a number of possibilities and traps for production from lower zones in the Edwards.4
The Dale conformably overlies the Austin Chalk and is considered to be part of the Austin Group. The Dale Limestone, recognized in the Travis volcanic field east of Austin, is associated more closely with individual volcanic mounds. Dale carbonates are at several stratigraphic horizons on the flanks of mounds, reflecting alternating conditions of volcanism and reef growth. The Dale has reported thicknesses of as much as 423 ft and a mean thickness of about 58 ft.5
"We are pleased to announce even more acreage into our Caldwell County and Texas portfolio; we are currently in the process of determining how best to explore this exciting lease and will provide further updates as soon as possible," commented Ian Spowart, CEO of Liberty Energy Corp. For more information on the Caldwell Project see the Liberty Energy website at http://www.energy-liberty.com/projects/.
ABOUT LIBERTY: Liberty Energy Corp (LBYE) is an Independent Oil and Gas Exploration and Production Company dedicated to the sourcing and production of fuel supplies in the United States and Europe. Headquartered in Houston, Texas, the company has leases and royalties in both Texas and Bulgaria, covering several wells with extensive potential for future development. In Texas, Liberty owns twelve leases based around numerous geological pay zones. In North-West Bulgaria, Liberty has royalty rights to a 1,000,000+ acre natural gas property (the A-Lovech exploration block), an area of high quality, low-sulphur natural gas condensate. Through this combined international reach and domestic focus, Liberty Energy is committed to the development of US fuel reserves while seeking out further opportunities for the global energy markets.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Liberty Energy Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to Liberty Energy Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. Liberty Energy Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
ON BEHALF OF THE BOARD OF DIRECTORS,
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Liberty Residence I in Wadsworth to host school supply donation drive Thursday
Posted: July 31, 2012 at 10:24 pm
Liberty Residence I, an independent living center located at 250 Smokerise Drive, will host a Touch-a-Truck charity event from 5 to 7 p.m. on Thursday.
The charity event will help United Way of Medina County's Stuff-A-Bus Campaign gather new school supplies. Those who attend the event have the option of bringing supplies including notebooks, pencils, erasers, markers, hand sanitizer, back packs, combination locks, scientific calculators and other articles needed by children going to school.
According to information supplied by the center, one in five children are at risk of being unprepared for the first day of school.
The event will also include a safety program will, which will feature a fire truck, ambulance and a police cruiser from the Wadsworth departments with personnel on hand to explain the vehicles.
In addition, Ozzie, a K-9 dog will be on hand along with Patches," the talking robotic Dalmatian in a small fire engine, which talks to the children about fire prevention.
Bev Long, Marketing and Admissions Director for Liberty I and Liberty Residence II facilities, said Patches will be brought in by the Erhart York Township fire department located in Wayne County. Long said "kids love Patches."
In addition, Jo Jo and Mo Jo the clowns will provide balloon animals for the children. Long said the clowns are from Cuyahoga Falls and were a part of the Wadsworths Blue Tip Parade held in June.
Tours of the facility will be available for those who want to see the amenities offered by Liberty I.
Complimentary food will be available. Charter One Back will offer door prizes.
The event will be held rain or shine. More information can be obtained by calling 330-336-3616.
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Liberty Residence I in Wadsworth to host school supply donation drive Thursday
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Sennen Board Recommends Shareholders Reject Liberty's Hostile Offer
Posted: at 10:24 pm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2012) - Sennen Resources Ltd (SN.V) ("Sennen" or the "Company") notes Liberty Silver Corp.'s ("Liberty") offer issued on July 16, 2012 (the "Liberty Offer"). The Board of Directors of Sennen has carefully reviewed and considered the Liberty Offer and their UNANIMOUS recommendation to Sennen Shareholders is to REJECT the Liberty Offer and NOT TENDER their Sennen Shares, and that any Sennen Shareholder who has tendered their Sennen Shares to the Liberty Offer should formally WITHDRAW those Sennen Shares.
In unanimously concluding that the Liberty Offer is inadequate and not in the best interests of Sennen Shareholders, the Board of Directors, upon the recommendation of a Special Committee of the Board, and with a written opinion from Jennings Capital Inc. ("Jennings"), and in consultation with technical consultants, identified a number of negative aspects of the Liberty Offer as being most relevant, including the following:
Sennen is Better Positioned to Maximize the Value to Sennen Shareholders.
Liberty is Unable to Raise Cash.
Sennen Shareholders Would Be Contributing Substantially More Than They Would Receive.
Liberty's Trinity Silver Project is of Unknown Value and of No Interest to Sennen
Liberty has Limited Operating History; Sennen has a Track Record of Success.
Liberty has Issued 68,400,000 Shares at an Effective Price of Less than $0.01.
Management's Financial Commitment
The Liberty Offer is Financially Inadequate
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Liberty Ross: 5 Things You Don't Know About Rupert Sanders' Wife
Posted: at 10:24 pm
Together for more than 15 years, Liberty Ross always stuck by the side of her husband Rupert Sanders -- but everything changed on July 17 when the director, 41, was photographed in a steamy tryst with the heroine of his film Snow White and the Huntsman, Kristen Stewart. Us Weekly revealed the photos one week later.
PHOTOS: SEE ALL THE PICS FROM KRISTEN AND RUPERT'S AFFAIR!
"It's really shocking," a Ross insider tells Us. "She has been with Rupert since she was 18 -- they got together when she graduated. He's the only love she's known."
Here, Us uncovers five details about the married mom of two whose world was rocked by her husband's indiscretions with Stewart, 22.
NEWS: 6 myths about Kristen's fling with Rupert
1. Moving to Los Angeles to further her husband's film career, Ross admits she's resistant to change. "I romanticized domesticity for a while and loved having a shopping list of groceries stuck to the fridge for the first time," she told YOU Magazine two weeks before the scandal broke. "But moving here and starting a life all over again was a lot harder than I had anticipated. I just didn't think it would be as isolating and daunting as it turned out to be."
PHOTOS: Rob Pattinson's sexiest looks
2. Stewart earned her lead role in Snow White and the Huntsman partly due to her rapport with Ross. "Liberty really liked and trusted Kristen," explains a film source. "Liberty chose her to be in the movie based on how she and Kristen vibed and they got on well." Indeed, Ross confirmed to Celebuzz at the film's May premiere that "there is no better Snow White in my opinion. She is great." Ross landed her own small role in the film, playing the mother of a younger version of Stewart's character.
PHOTOS: Kristen and Rupert's road to scandal
3. Prior to her turn in Snow White, Ross -- who got her big break at 19 when Mario Testino photographed her for British Vogue -- enjoyed commercial success as a model for lines including Burberry in her native U.K.
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Kristen Stewart, Liberty Ross Bond on Red Carpet: What Their Body Language Reveals
Posted: at 10:17 am
Foreshadowing photo?
Months before Kristen Stewart was caught kissing her Snow White and the Huntsman director Rupert Sanders by photographers in L.A. on July 17, the actress posed alongside his wife, Liberty Ross, on the red carpet of the blockbuster's London premiere May 14.
PHOTOS: Kristen cheats on Rob with Rupert: All the shocking photos!
In one pic taken at Empire Leicester Square, British model Ross, 33, who played the mother of a younger version of Stewart's Snow White in the film, appears to holds hands with Stewart, 22. Ross hugs Charlize Theron, who is standing between the two women, and smiles at the camera while also reaching over to Stewart. The Twilight actress, standing on the other side of Theron and next to her costar Lily Cole, stares back at Ross with a slight smile.
"This is the photo of the ultimate betrayal," body language expert Dr. Lillian Glass tells Us Weekly of the compelling snapshot. "[Kirsten has] got what's called an ambivalent smile. Her eyes aren't smiling, but she's got like a half smile of her mouth."
PHOTOS: Rob and Kristen's relationship
Late last Tuesday, Us revealed the exclusive photos of Stewart's shocking fling with Sanders, 41, from their steamy rendezvous on July 17. The next day, Stewart issued a statement apologizing to her real-life boyfriend and Twilight costar Robert Pattinson, 26, for the "momentary indiscretion" saying it "has jeopardized the most important thing in my life, the person I love and respect the most, Rob. I love him, I love him, I'm so sorry."
Although her photographed fling with Sanders didn't unfold until three months later, Glass speculates that Stewart has a look of guilt on her face in the May 14 shot.
"Liberty has gone and touched her and reached out. And she's looking like she's made a friend," the author of The Body Language Advantage explains to Us. "Liberty looks very happy, like she would not suspect anything. She's posing for the camera, she's reaching out to Kristen, touching her. She looks very relaxed and very much in control."
PHOTOS: Kristen and Rupert's road to infidelity
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First Liberty Power Corp. Announces Gravity Survey Results for Smoky Valley Lithium Project
Posted: July 30, 2012 at 8:14 pm
LAS VEGAS, July 30, 2012 /PRNewswire/ -- First Liberty Power Corp. (FLPC) (the "Company") is pleased to announce the results for the next phase of the exploration on the Company's Smoky Valley Property ("SV Claims"). A gravity survey organized by GeoXplor Corp and recently completed by Hasbrouck Geophysics has produced several positive outcomes.
A total of 116 separate gravity stations were acquired along seven profiles, and interpretation of the modeled gravity data indicates there is a large topographic low, or basin, that looks to be closed off to the south but so far remains open to the north. This large extensive basin area appears to indicate the potential accumulation of lithium-bearing brines, which will be the focus of the Company's next stage of exploration work.
To further define the indicated basin closure, the Company's existing gravity survey will be extended slightly to the west and east and one additional line will be undertaken one kilometer south. Further, a minimum of two additional lines will be taken to the north, separated by one kilometer each, to better determine northern basin closure. Immediately subsequent to the completion of this supplemental gravity survey work, the survey team will begin controlled-source audio-magnetotellurics / magnetotellurics (CSAMT/MT) surveys which will be conducted in selected areas based on the gravity survey conclusions. The CSAMT/MT surveys are used to determine if conductive zones indicative of lithium-bearing brines are present and, if so, to map the dip and continuity of those aquifer beds.
Don Nicholson, CEO and President of First Liberty Power Corp., commented, "I am very pleased with the encouraging exploration results on the SV Claims, which to date are validating our expectation that both Lida Valley and Smoky Valley are very prospective for having a significant lithium brine resources. GeoXplor Corp. and Jim Hasbrouck have previously completed significant amounts of work for us on our Lida Valley property, and with their extensive regional knowledge, the Company is very confident in achieving equally positive outcomes for Smoky Valley. As CEO, I am in constant communication with the exploration team and the Board of Directors of First Liberty Power Corp. with a focus and determination to provide timely updates to shareholders as the Company's as exploration program advances through its planned stages."
The SV Claims are located approximately 5 miles northwest of the Chemetall Foote (now Rockwood Lithium) operation in Silver Peak, Nevada, which is the only producing lithium brine operation in North America. In the 1970's the US Geological Survey ("USGS") conducted a gravity survey covering Clayton Valley and the valley connecting Clayton Valley to Big Smoky, where the SV Claims are located. The USGS survey map demonstrated a noticeable relationship between the brine field in Clayton Valley and the deepest parts of the Smoky Valley. The map proposed to the surveyors that there is a height of bedrock between the SV Claims and Clayton Valley which could act as a barrier for water moving from Big Smoky Valley to Clayton Valley.
About Us
First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for lithium carbonate that is projected to result from the acceleration of the adoption and use of clean renewable energy products that utilize lithium-ion batteries.
ContactFirst Liberty Power Corp. http://www.firstlibertypower.com info@firstlibertypower.com Investor Relations Telephone: (800) 709-1196
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the final outcome Lida Valley and Smokey Valley exploration / work programs, the specific nature and extent of the next phase of our exploration program, our ability to raise the necessary capital to complete our exploration program, and any mineralization, exploration and development of our mineral properties, specifically in regards to Lithium.
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First Liberty Power Corp. Announces Gravity Survey Results for Smoky Valley Lithium Project
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Liberty Star Provides 2012/2013 Exploration Plans Update
Posted: at 8:14 pm
TUCSON, Ariz.--(BUSINESS WIRE)--
Liberty Star Uranium & Metals Corp. (Liberty Star or the Company) (LBSR: OTCBB) is pleased to provide an updated program for exploration activity on its properties in Alaska and Arizona. The 2012/2013 exploration program will include:
The Company plans to fund its current BCSP drilling program through private placements and its financing arrangement with Fairhills Capital (NR 118). Liberty Star Management continues discussions with various entities regarding short term and large scale funding of its Big Chunk Super Project.
James A. Briscoe James A. Briscoe, Professional Geologist, AZ CA CEO/Chief Geologist Liberty Star Uranium & Metals Corp.
Forward-Looking Statements
Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include all our planned exploration work, our planned payments to keep properties in good standing, and that the results of our planned work will provide good information on our assets. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our exploration program to identify targets; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Companys recent 10-K and the Companys other periodic reports filed from time to time with the Securities and Exchange Commission.
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Liberty Tax Offers Tax Classes with Emphasis on New IRS Standards
Posted: at 8:14 pm
VIRGINIA BEACH, Va.--(BUSINESS WIRE)--
Liberty Tax Service offers over 11,000 fall online and in-store tax preparation classes across the country that can help its students learn or refresh a marketable skill thats in demand. Taking the ten-week classes can also provide a fresh consumer perspective of how to save money on ones own tax return in a tight economy where every little bit helps.
The companys instruction includes how to become a registered tax preparer with the IRS, receive a Preparer Tax Identification Number (PTIN) from the IRS, and continue professional development in accordance with new IRS standards. The certainty of an ever-changing and confusing income tax code provides a million people employment in the tax industry each year. Over 60% of consumers opt for professional help to have their returns prepared.
Theres no down side to taking the class. It may pay off with new job opportunities and a bonus of tax savings, said John Hewitt, CEO and Founder of Liberty Tax Service. Many people may make the same mistakes year after year on their returns, often overlooking a tax advantage multiple times. After completing the class, students can apply for seasonal employment with Liberty Tax Service.
The curriculum engages students in practical application of the tax code to prepare returns, and covers the schedules, credits and forms used to file individual returns.
The companys basic income tax preparation classes educate the public about the latest tax changes, and every facet of individual income tax preparation. No prior tax experience is necessary to enroll and take the class, and students are under no obligation to Liberty Tax.
Class schedules are flexible with day or evening classes available twice a week for ten weeks. Theres a minimal charge for books and supplies. Liberty Tax Service is actively recruiting bilingual tax school students. To learn more about job opportunities and Libertys series of tax courses, visit http://www.libertytax.com/tax-education.html or call 1-800-658-1042.
About Liberty Tax Service
Liberty Tax Service is the fastest-growing retail tax preparation company in the industrys history, founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry. A tax school opportunity was the entry point for Hewitts entry into the tax industry in 1969. The Company has over 4100 offices in the United States and Canada, with the majority owned by franchisees.
The Class A Common stock of JTH Holding, Inc. (TAX), the parent company of Liberty Tax Service is traded on the NASDAQ Global Market. The Give Me Liberty! magazine contains more Liberty company news and information.
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The Idea of India — Liberty (Part 3) – Video
Posted: at 6:11 am
29-07-2012 01:06 You can also visit us at Education for all is what motivates both Babar Ali and Azim Premji. Babar Ali is probably the youngest school principal anywhere -- and this started in a small way when he began sharing the knowledge he got with his friends who were unable to go to school. At another point in the spectrum is corporate czar Azim Premji who set up a foundation to help children who cannot afford to go to school.
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Liberty Ross 'forgives' husband over Kristen Stewart affair – Video
Posted: at 6:11 am
29-07-2012 08:39 Liberty Ross has reportedly forgiven her husband, Rupert Sanders, after his exposed fling with R-Patz's missus Kristen Stewart. Report by Andrea Lilly. Like us on Facebook at and follow us on Twitter at . Subscribe to The Showbiz 411!
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