Liberty Energy Corp. has recently secured an average 97.9 percent working interest on over 626 acres in Caldwell, Texas.

The Company intends to target 3 main pay zones: the Dale Lime, Austin Chalk and Edwards. New field discoveries based on logged but undeveloped shows are also possible in the Salt Flat and Dale Lime fields.

With the application of acid/fracture jobs and/or 'far-out perforating' it is believed that the Company could be able to increase production and possibly access undeveloped reservoirs that could produce at significantly higher daily rates and overall total production.

Tags: Liberty Energy