LIBERTY ENERGY CORP. - FORM 10-K - XML - IDEA: XBRL DOCUMENT - November 13, 2012

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v2.4.0.6
NOTE 4 - UNEVALUATED OIL AND GAS PROPERTIES AND 3rd QUARTER RESTATEMENT (Tables)
 12 Months Ended
Jul. 31, 2012
Notes to Financial Statements  
Restated Balance Sheet
        Balance sheet for the six months ended April 31, 2012
        As reported   Adjustment   As restated
                 
Total Current Assets $                    600                            600 
Oil and Gas Properties, full cost method            4,052,938            (3,009,548)             1,043,390 
                 
Total Assets     $          4,053,538            (3,009,548)             1,043,990 
                 
Total Current Liabilities $               36,550                       36,550 
Total Long term  Liabilities                 56,328                       56,328 
Stockholders' Equity            
Common stock                 88,120                       88,120 
Additional paid-in capital            4,571,366            (3,009,548)             1,561,818 
Deficit accumulated during exploration stage             (698,826)                  (698,826)
Total Stockholders' Equity $          3,960,660            (3,009,548)                951,112 
                 
TOTAL LIABILITIES &  STOCKHOLDERS' EQUITY $          4,053,538            (3,009,548)             1,043,990 

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