Liberty Energy Corp. is an exploration-stage company. The Company is engaged in the oil and gas exploration. The Company has interests in properties in Bulgaria and Texas. The Texas project consists of three properties: Bastrop County, Caldwell County and Eastland County. And the Bulgaria project consists of Deventci-R1 and A-Lovench Block. On February 22, 2012, the Company entered into and closed a three year lease assignment agreement with Langold Enterprises Limited pertaining to certain interests in oil and gas properties in Bastrop, Caldwell and Eastland Counties, Texas. On March 1, 2012, the Company entered into a consulting agreement with Peter Gawith for a period of three years, ending February 28, 2015. Mr. Gawith provide consulting services in regards to its company�s management and operations. In April 2013, Atmos Energy Corp announced that it completed the sale of substantially all of its natural gas distribution assets located in Georgia to the Company.