Liberty Resources Corp is seeking farm-in interests for its 100% owned Exploration Permit Application STP-EPA-0076 (previously L12-5), located in the Officer - Gunbarrel Basin. Liberty is reported to be open to negotiating the farm-in terms, with operatorship available.   It has been reported that several companies have shown interest, with discussion ongoing in early 2020 with interested parties.  The application was lodged by Liberty on 2 November 2012 and covers an area of 22,730 sq km. Once an exploration permit is awarded, minimum work commitments will include 100Â km of 2D seismic data acquisition or reprocessing in the first two years, followed by an exploration well by year four. It remains in the application phase at this stage.  Reports by Ryder Scott, after studying adjoining blocks in 2010, indicates up to 125 Bb of convention oil in place maybe present within a large neo-Proterozoic Graben. Shale potential may be present.  Liberty Resources Corp is reported to be seeking a farm-in partner in Exploration Permit Application STP-EPA-0076 with negotiable terms available.
Liberty Resources Corp is seeking farm-in interests for its 100% owned Exploration Permit Application STP-EPA-0076 (previously L12-5), located in the Officer - Gunbarrel Basin. Liberty is reported to be open to negotiating the farm-in terms, with operatorship available. It has been reported that several companies have shown interest, with discussion ongoing in early 2020 with interested parties.