Liberty Coal Energy is a resource development and production company with current projects based in North Western Louisiana and Kentucky. The company is building the foundation for success in the United States' active energy resource regions.
To add to its coal resources in Kentucky, and to broaden its footprint in hydrocarbon energy sources, Liberty has entered an acquisition and production program in Louisiana and Northeast Texas. Liberty's current holdings, the Gamm lease, in Caddo Parrish, Northwest Louisiana is typical of the targets that Liberty is in the process of bringing online in the area.
The company's primary operating plan is to develop low risk, high yield, under-developed oil reserves utilizing the most current technology available. Choosing this geographical area was not an opportunity related choice, but instead connected to the long history and the continuing ability to find existing production which is clearly more economical at oil prices of today as opposed to the times when it was developed, and an ideal locale to use the huge database and modern techniques to locate the deeper deposits and traps that the original developers did not look for. During earlier drilling campaigns.
Louisiana has a long and important history in the US oil industry, and still plays an important role in US energy supplies, having approximately 15 active refineries within its borders in addition to an extensive pipeline transport network.
The Sabine uplift/ East Texas Basin structural area straddles the border between Texas and Louisiana, and shares the geology, targets and historic production within Caddo and Bossier Parishes, which occupy the far northwest corner of Louisiana.
Historically, before the recent shale oil and gas discoveries, Louisiana harbored around 10 percent of the US reserves of oil and gas. Even now, the annual production of oil from the state is over 1.3 million barrels of oil and natural gas production of over 1.5 billion MCF.
Recent Press Releases
January 29, 2014
Liberty Coal Energy Announces Management Restructuring more...
February 7, 2012
Liberty Coal Energy Announces Coal Mine Acquisition in Kentucky more...
August 24, 2011
Liberty Coal Energy Corp - New Business Focus and Shareholder
May 2, 2011
Liberty Coal Energy Corp Announces William Mayrsohn has joined its Advisory Panel more...
April 13, 2011 Liberty Coal Energy Announces Hiring of CFO and Creation
of an Advisory Boardmore...