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OREO Monday's Domestic Oil Play Given Target Price Of $3.85

Company: American Liberty Petroleum Corp.

Symbol: OREO.ob

Current PPS: $1.43

Outstanding Shares: 104.5M

10 Day Avg. Volume: 1.1M

Website: www.americanlibertypetro.com

About the Company:

American Liberty Petroleum Corp. (OREO.ob) Is a Bakersfield, California based Oil & Gas company focused on reducing America’s need for imported oil through the discovery of major, new onshore U.S. energy resources and by tapping overlooked or undervalued onshore domestic resources through innovative exploration and development technologies.

The news of recent significant discoveries, such as Occidental Petroleum's estimated 1+ billion barrels of oil and natural gas equivalents in California, made evident the potential for developing new oil and gas production solutions in western America.

OREO looks to capitalize on this western oil opportunity in a big way with their two current projects located in the under explored state of Nevada.

OREO's Gabbs Valley Project is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of 4+ billion barrels.

OREO's Kibby Flat Project is located in a 7,270-acre Monte Cristo basin, which represents an estimated ultimate recovery (EUR) of as high as 669 million barrels of oil according to a 2008 report.

Just two weeks ago OREO announced that it has acquired a 60% Working Interest (WI) and 50.7% Net Revenue Interest (NRI) in Nevada-based BLM Lease NVN090504.

The 1,760-acre Lease is located on the under-explored 26,000-acre Cobble Cuesta structure in the northwest part of Gabbs Valley in Nye County, Nevada. The new Lease is considered part of OREO's Gabbs Valley Prospect due to its close proximity to the Prospect's other two leases: the 2,557-acre Gabbs Valley lease (75% WI; 63.375% NRI) and the 3,840-acre Cortez lease (60% WI; 48% NRI). With the addition of the new Lease, the OREO's Gabbs Valley Prospect now totals 8,157 acres.

Exploratory wells on the Gabbs Valley Prospect's Cortez lease and Gabbs Valley lease have resulted in hydrocarbon shows, and have recovered oil on the Cortez lease. Most recently, the OREO's completion efforts on its Paradise 2-12 well on the Cortez lease resulted in production of approximately 200 barrels of oil/water mixed fluid. A sample of the fluid was sent to the Foreland Eagle Springs refinery for further analysis, the results of which will be used for evaluating the next step of the well completion process.

OREO's leases in the Gabbs Valley Prospect have already demonstrated their petroleum potential through hydrocarbon shows, and the production of oil from the Paradise 2-12 well has validated there is live oil in the Gabbs anticline.

For further details on OREO's projects including video of the actual drilling taken place please click here.

American Liberty Petroleum Corp. Announces Grass Roots Research and Distribution Issues Positive Research and Analysis Report and Sets a Long-Term Price to Capital Employed (P/CE) Ratio at $5.48

8:59a ET April 18, 2012 (Business Wire)

American Liberty Petroleum Corp. (OTCBB: OREO.OB; herein after "American Liberty" and/or "the Company") is pleased to announce it has retained Grassroots Research and Distribution, Inc. (GRDI). GRDI is an Investor Relations firm hired by certain companies to provide Investor Awareness services to micro cap, small cap companies and other private and public companies.

GRDI's initial report on American Liberty Petroleum includes the firm's proprietary Cohen Price Target, which is calculated based on a Price to Earnings-2014 ratio (P/E) of $2.36, Price to Capital Employed (P/CE) of $5.48, the Cohen Performance Index value of $2.96 and Cohen Discounted Cashflow of $4.60. Based on an average of these methods, GRDI calculates a long-term Cohen Price Target of $3.85 for American Liberty's common stock, provided the Company is able to raise capital and successfully execute its business plan.

For the full report please visit GRDI's website: http://www.grassrootsrd.com/

About Grassroots Research and Distribution, Inc

Led by Paul Cohen, GRDI is one of Wall Street's leading independent research firms. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. For more information, readers can visit the company's website at www.cohenresearch.com.

We are putting OREO on HIGH ALERT.

We will be releasing our Full Report on OREO tomorrow morning.

We suggest all members read our report and keep a close eye on OREO early tomorrow morning 9:30am EST.

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