On October 1st 2009, Liberty Energy entered into a Lease Purchase and Sale agreement to acquire four oil and gas leases in Texas.
The Dahlstrom lease, a single well property, provides a sustainable quantity of natural gas, as well as holding the Master Meter, tying surrounding wells to our lease and giving potential future revenue from any additional wells drilled or re-entered in the surrounding area. There is also potential for the site to be re-entered for workover operations with a view to increasing production.