April 25, 2012 at 07:30 AM EDT
American Liberty (OTCBB: OREO) to Sell All of Its Nevada Crude to Foreland Refining
Note to Editors: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY -- (Marketwire) -- 04/25/12 -- American Liberty Petroleum, Corp. (OTCBB: OREO), a company focused on reducing America's need for imported oil through discovering major, new onshore US energy resources, has announced today that Foreland Refining Corp. has signed an agreement to purchase all of their crude oil production from Gabbs Valley oil field in Nye County, Nevada. Payments will be made to American Liberty on the 20th day of each month following the month of delivery.

In a report issued today by The Paragon Report, high crude prices will drive quarterly results up on companies like ConocoPhillips (NYSE: COP) and ExxonMobil (NYSE: XOM). Higher crude prices also allow for smaller companies like American Liberty (OTCBB: OREO) and Magellan Petroleum (NASDAQ: MPET) to explore project areas that may not have been financially prudent just a few years ago.

The report further states, "Analysts are predicting an increase in earnings for the major oil companies, as concerns about oil supplies in the Persian Gulf have driven crude prices higher. The Brent crude benchmark, used by oil companies to price their production, traded at an average that was 12 percent higher than the same period last year."

For more information on American Liberty Petroleum, please visit www.americanlibertypetro.com

This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid IO NewsWire one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.

Eric Jensen
www.ionewswire.com
516.942.4910

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