HOUSTON, Aug. 12, 2010 (GLOBE NEWSWIRE) -- Liberty Energy Corp. (OTCBB:LBYE) ("Liberty" or "the Company") is pleased to announce the appointment of Resultz Media Group (RMG) as its Investment Relations Partner to provide investor relations services to the Company's valued shareholders, and other interested parties.
The investor relations' activities include handling queries from shareholders, developing public relations and marketing program, preparing and disseminating corporate data packages and assisting the Company with broker presentations and broker communications.
The agreement between the Company and RMG provides for one-year terms, which renew automatically, unless otherwise terminated in accordance with the terms of the agreement.
The RMG group includes the following three companies: RMG Investor Relations; RMG Capital; and RMG Management Consulting. The RMG has a cumulative 35 years of diverse market experience behind their ownership. This experience and industry knowledge directly translates to shareholder success and value, as well as market efficiency for their clients. Lead by their professional team of experts whose goals are to provide client partners with full service public marketing, management consulting, corporate funding and investor relation solutions to add value to every dollar spent.
"Resultz Media Group will exhibit and maintain the highest level of performance and professionalism in all business relationships, consultations and interactions with client partners. Client's needs, goals, and long-term growth and value are always 'priority one,'" stated Ryan P. Mendonca, Managing Partner RMG.
"Liberty Energy has a clear and defined company direction, and we believe that RMG will have a part to play in informing the wider investment community and associated media of our progress," said Mr. Ian Spowart, President and Chief Executive Officer. He further stated, "We look forward to working with RMG as we achieve our goals and will update the investment community as and when information becomes available."
ABOUT LIBERTY: Liberty Energy Corp (OTCBB: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 signed agreements to acquire leases and royalties in both Texas and Bulgaria, covering several wells with extensive potential for future development. In Texas, four leases – Dahlstrom, Ratliff, and two at Lockhart Northeast – are identified as rich oil and gas sites based around numerous geological pay zones. In North-West Bulgaria, Liberty has acquired 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. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. 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,
Liberty Energy Corp
Ian Spowart Chief Executive Officer