Liberty Energy Corp. announced that the company has acquired 4 oil & gas producing Baylor County leases. The transaction covers 1,038 acres with 17 oil wells, 4 injection wells and related surface production equipment.

Average production of 3-4 barrels of oil per day (BOPD) from operating wells is anticipated before any additional cleaning or remedial work is performed. The leases provide 100% Working Interest and 70-75% net revenue interest (NRI) for the company in exchange for seller financing, a carried 5% ORR and $50,000 in restricted stock.