Liberty Petroleum Corporation is a US based privately held company with an International focus. We span the globe searching for high impact exploration opportunities that are material enough to attract world class operating partners. Since our inception in 1997 we have acquired over 17 distinct exploration blocks worldwide.
In the process of exploration and development of these opportunities, Liberty commits itself to business activities that are conducted in a responsible and sustainable manner, while upholding the highest standards of ethics and business practice.
To date, Liberty has facilitated over 1.7 billion dollars in exploration and development work program expenditures resulting in numerous discoveries. The Poseidon discovery in WA-315 P was ranked by Rigzone to be one of the top ten world-wide discoveries in 2009.
Exxon recently negotiated a farm-in acquisition from Liberty on their VIC P70 permit in the offshore Gippsland basin that has resulted in a three well drilling program with substantial expenditure commitments. Exxon is currently preparing to spud the record breaking ultra deep-water Sculpin well in the fourth quarter of 2019. It will be the deepest water depth of any well ever undertaken in Australia.
Our focus is to capture government grants of title safe exploration permits that have very substantial resource potential. Once attained we then conduct high end technical work through our top tier technical consulting team. We then seek to attract world class operating partners to help fund and operate our various projects. This allows Liberty to be exposed to the massive high upside benefit of these giant projects while shielding them from liability and excessive capital cost fund raising requirements.
Commitment to Ethics
In securing and increasing shareholder value, Liberty adheres to the highest in ethics and business practices. Liberty believes that dealing with integrity in all relationships is a non-negotiable business principle. We believe deeply in the world renowned golden rule offered by Jesus Christ to “Do unto others as you would have them do unto you.”