UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-K
                ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURUTIES EXCHANGE ACT OF 1934

                     For the fiscal year ended July 31, 2008

                        Commission file number 333-138107


                              LIBERTY ENERGY CORP.
             (Exact Name of Registrant as Specified in Its Charter)

           Nevada                                                20-5024859
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

           Church Barn, 3 Church Lane, Barlby, Selby, England YO8 5JG
               (Address of Principal Executive Offices & Zip Code)

                                 (775) 981-9022
                               (Telephone Number)

                                DMA MINERALS INC.
          (Former Name or Former Address, if changed since last report)

           Securities registered pursuant to Section 12(b) of the Act:
                                      None

           Securities registered pursuant to section 12(g) of the Act:
                          Common Stock, $.001 par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act. Yes [ ] No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act Yes [ ] No [X]

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

As of October 16, 2008, the registrant had 60,000,000 shares of common stock
issued and outstanding. No market value has been computed based upon the fact
that no active trading market had been established.
<PAGE>
                              LIBERTY ENERGY CORP.
                                TABLE OF CONTENTS

                                                                        Page No.
                                                                        --------

                                     Part I

Item 1.   Business                                                           3
Item 1A.  Risk Factors                                                       6
Item 2.   Properties                                                         7
Item 3.   Legal Proceedings                                                  8
Item 4.   Submission of Matters to a Vote of Securities Holders              8

                                 Part II

Item 5.   Market for Common Equity and Related Stockholder Matters           8
Item 7.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations                                          9
Item 8.   Financial Statements                                              12
Item 9.   Changes in and Disagreements with Accountants on Accounting
          and Financial Disclosure                                          21
Item 9A.  Controls and Procedures                                           21
Item 9B.  Other Information                                                 23

                                Part III

Item 10.  Directors and Executive Officers                                  23
Item 11.  Executive Compensation                                            25
Item 12.  Security Ownership of Certain Beneficial Owners and Management    26
Item 13.  Certain Relationships and Related Transactions                    27
Item 14.  Principal Accounting Fees and Services                            27

                                 Part IV

Item 15.  Exhibits                                                          28

Signatures                                                                  28

                                       2
<PAGE>
                                     PART I

           CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this annual report on Form 10-K contain or may contain
forward-looking statements that are subject to known and unknown risks,
uncertainties and other factors which may cause actual results, performance or
achievements to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. These
forward-looking statements were based on various factors and were derived
utilizing numerous assumptions and other factors that could cause our actual
results to differ materially from those in the forward-looking statements. These
factors include, but are not limited to, our ability to consummate a merger or
business combination, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate risk, U.S. and
global competition, and other factors. Most of these factors are difficult to
predict accurately and are generally beyond our control. You should consider the
areas of risk described in connection with any forward-looking statements that
may be made herein. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this report.
Readers should carefully review this annual report in its entirety, including
but not limited to our financial statements and the notes thereto. Except for
our ongoing obligations to disclose material information under the Federal
securities laws, we undertake no obligation to release publicly any revisions to
any forward-looking statements, to report events or to report the occurrence of
unanticipated events. For any forward-looking statements contained in any
document, we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.

ITEM 1. BUSINESS

SUMMARY

We are an exploration stage company with no revenues and a limited operating
history. Our independent auditor has issued an audit opinion which includes a
statement expressing substantial doubt as to our ability to continue as a going
concern.

Liberty Energy Corp. was incorporated in the State of Nevada on June 6, 2006 as
DMA Minerals Inc. to engage in the acquisition, exploration and development of
natural resource properties. The principal executive offices are located at
Church Barn, 3 Church Lane, Barlby, Selby, England. The U.S. telephone and fax
number is (775) 981-9022.

The company carried out exploration on a mineral claim known as the TG Mineral
Claim. The initial phase of exploration included detailed prospecting and
mineralization mapping, followed by hand trenching to obtain clean, fresh
samples. Based on the information available to us from our Phase I exploration
program, we determined that the TG Mineral Claim did not, in all likelihood,
contain a commercially viable mineral deposit, and we therefore abandoned any
further exploration on the property.

As a result, we are investigating several other business opportunities to
enhance shareholder value, and are focused on the oil and gas industry with the
acquisition of oil and natural gas assets both in Canada and the United States.
Subject to completing due diligence and funding sources being available if

                                       3
<PAGE>
required we intend to pursue business opportunities in the oil and gas business.
We may require additional funding to proceed. We cannot provide investors with
any assurance that we will be able to raise sufficient funds to fund any work in
the oil and gas business. Our management has also been analyzing other various
alternatives available to our company to ensure our survival and to preserve our
shareholder's investment in our common shares. This analysis has included
sourcing additional forms of financing to continue our business as is while
looking for other exploration targets, or mergers and/or acquisitions. At this
stage in our operations, we believe either course is acceptable, as our
operations have not been profitable and our future prospects for our business
are not good without further financing.

Cash provided by financing activities since inception through April 30, 2008 was
$66,000, $6,000 from the sale of shares to our officer and director in June 2006
and $60,000 resulting from the sale of our common stock in our initial public
offering to 26 independent investors in December 2006.

On June 11, 2008, we affected a 25 for one forward stock split of our issued and
outstanding common stock. As a result, our authorized capital increased to
1,875,000,000 shares of common stock with a par value of $0.001 and our issued
and outstanding shares increased from 2,400,000 shares of common stock to
60,000,000 shares of common stock. Effective June 11, 2008, as approved by our
board of directors and a majority of our shareholders, we reduced our authorized
capital from 1,875,000,000 shares of common stock to 150,000,000 shares of
common stock.

Our financial statements from inception (June 6, 2006) through the year ended
July 31, 2008 report no revenues and a net loss of $31,967.

Our stock is listed on the OTC Bulletin Board under the symbol "LBYE" but there
has been no active trading market to date.

COMPETITION

We do not compete directly with anyone for the exploration or removal of natural
resources from any property as we plan to hold all interest and rights to the
claims. Readily available commodities markets exist in the U.S. and around the
world.

We will be subject to competition and unforeseen limited sources of supplies in
the industry in the event spot shortages arise for supplies such as dynamite,
and certain equipment such as bulldozers and excavators that we will need to
conduct exploration. If we are unsuccessful in securing the products, equipment
and services we need we may have to suspend our exploration plans until we are
able to do so.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceeding.

REORGANIZATIONS, PURCHASE OR SALE OF ASSETS

There have been no material reclassifications, mergers, consolidations, or
purchase or sale of a significant amount of assets not in the ordinary course of
business.

                                       4
<PAGE>
COMPLIANCE WITH GOVERNMENT REGULATION

Our exploration programs are subject to state and federal regulations regarding
environmental considerations in any country or state we may explore in. All
operations involving the exploration for the production of minerals or other
natural resources are subject to existing laws and regulations relating to
exploration procedures, safety precautions, employee health and safety, air
quality standards, pollution of streams and fresh water sources, odor, noise,
dust and other environmental protection controls adopted by federal, state and
local governmental authorities as well as the rights of adjoining property
owners. We may be required to prepare and present to federal, state or local
authorities data pertaining to the effect or impact that any proposed
exploration for or production of minerals may have upon the environment. All
requirements imposed by any such authorities may be costly, time consuming and
may delay commencement or continuation of exploration or production operations.
Future legislation may significantly emphasize the protection of the
environment, and, as a consequence, our activities may be more closely regulated
to further the cause of environmental protection. Such legislation, as well as
further interpretation of existing laws, may require substantial increases in
equipment and operating costs and delays, interruptions, or a termination of
operations, the extent of which cannot be predicted. Environmental problems
known to exist at this time may not be in compliance with regulations that may
come into existence in the future. This may have a substantial impact upon the
capital expenditures required of us in order to deal with such problem and could
substantially reduce earnings.

PATENTS, TRADEMARKS, FRANCHISES, CONCESSIONS, ROYALTY AGREEMENTS, OR LABOR
CONTRACTS

We have no current plans for any registrations such as patents, trademarks,
copyrights, franchises, concessions, royalty agreements or labor contracts. We
will assess the need for any copyright, trademark or patent applications on an
ongoing basis.

NEED FOR GOVERNMENT APPROVAL FOR ITS PRODUCTS OR SERVICES

We are not required to apply for or have any government approval for our
products or services.

RESEARCH AND DEVELOPMENT COSTS DURING THE LAST TWO YEARS

We have not expended funds for research and development costs since inception.

EMPLOYEES AND EMPLOYMENT AGREEMENTS

Our only employee is our sole officer, Daniel Martinez-Atkinson who currently
devotes 5-7 hours per week to company matters and he will devote as much time as
the board of directors determines is necessary to manage the affairs of the
company. There are no formal employment agreements between the company and our
current employee.

REPORTS TO SECURITIES HOLDERS

We provide an annual report that includes audited financial information to our
shareholders. We will make our financial information equally available to any
interested parties or investors through compliance with the disclosure rules of

                                       5
<PAGE>
Regulation S-K for a small business issuer under the Securities Exchange Act of
1934. We are subject to disclosure filing requirements, including filing Form
10K annually and Form 10Q quarterly. In addition, we will file Form 8K and other
proxy and information statements from time to time as required. We do not intend
to voluntarily file the above reports in the event that our obligation to file
such reports is suspended under the Exchange Act. The public may read and copy
any materials that we file with the Securities and Exchange Commission, ("SEC"),
at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. The
public may obtain information on the operation of the Public Reference Room by
calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site
(http://www.sec.gov) that contains reports, proxy and information statements,
and other information regarding issuers that file electronically with the SEC.

ITEM 1A. RISK FACTORS

WE ARE AN EXPLORATION STAGE COMPANY AND EXPECT TO INCUR OPERATING LOSSES FOR THE
FORESEEABLE FUTURE.

     We recently completed the first phase of the exploration program on the TG
     Mineral Claim, which was not successful. We are currently investigating
     other exploration targets. We were incorporated on June 6, 2006 and to date
     have been involved primarily in organizational activities and the
     acquisition of the mineral claim. We have not earned any revenues.
     Investors should be aware of the difficulties normally encountered by new
     exploration companies and the high rate of failure of such enterprises. The
     likelihood of success must be considered in light of the problems,
     expenses, difficulties, complications and delays encountered in connection
     with the exploration of the properties that we plan to undertake. These
     potential problems include, but are not limited to, unanticipated problems
     relating to exploration, and additional costs and expenses that may exceed
     current estimates. Prior to completion of our exploration stage, we
     anticipate that we will incur increased operating expenses without
     realizing any revenues. We expect to incur significant losses into the
     foreseeable future. We recognize that if we are unable to generate
     significant revenues from development and production from the claim, we
     will not be able to earn profits or continue operations. There is no
     history upon which to base any assumption as to the likelihood that we will
     prove successful, and it is doubtful that we will generate any operating
     revenues or ever achieve profitable operations. If we are unsuccessful in
     addressing these risks, our business will most likely fail.

WE RECENTLY COMPLETED THE FIRST PHASE OF THE EXPLORATION PROGRAM ON THE TG
MINERAL CLAIM, WHICH WAS NOT SUCCESSFUL. WE ARE INVESTIGATING NEW BUSINESS
OPPORTUNITIES WHICH MAY REQUIRE ADDITIONAL FUNDING AND WE HAVE NO PLANS ON HOW
TO RAISE THIS ADDITIONAL FUNDING.

     As a result of the negative results of our exploration, we are
     investigating several other business opportunities to enhance shareholder
     value, and are focused on the oil and gas industry with the acquisition of
     oil and natural gas assets both in Canada and the United States. We may
     require additional funding to proceed. We cannot provide investors with any
     assurance that we will be able to raise sufficient funds to fund any work
     in the oil and gas business. Our management has also been analyzing other
     various alternatives available to our company to ensure our survival and to
     preserve our shareholder's investment in our common shares. This analysis

                                       6
<PAGE>
     has included sourcing additional forms of financing to continue our
     business as is while looking for other exploration targets, or mergers
     and/or acquisitions. At this stage in our operations, we believe either
     course is acceptable, as our operations have not been profitable and our
     future prospects for our business are not good without further financing.

OUR INDEPENDENT AUDITOR HAS ISSUED AN AUDIT OPINION FOR LIBERTY ENERGY CORP.
WHICH INCLUDES A STATEMENT DESCRIBING OUR GOING CONCERN STATUS. OUR FINANCIAL
STATUS CREATES A DOUBT WHETHER WE WILL CONTINUE AS A GOING CONCERN.

     As described in Note 6 of our accompanying financial statements, our lack
     of operations and any guaranteed sources of future capital create
     substantial doubt as to our ability to continue as a going concern. If our
     business plan does not work, we could remain as a start-up company with
     limited operations and revenues.

BECAUSE MANAGEMENT HAS NO EXPERIENCE IN EXPLORATION, OUR BUSINESS HAS A HIGHER
RISK OF FAILURE.

     Our management has no professional training or technical credentials in the
     field of geology. As a result, he may not be able to recognize and take
     advantage of potential acquisition and exploration opportunities in the
     sector without the aid of qualified geological consultants. His decisions
     and choices may not take into account standard engineering or managerial
     approaches exploration companies commonly use. Consequently our operations,
     earnings and ultimate financial success may suffer irreparable harm as a
     result.

BECAUSE OUR CURRENT OFFICER AND DIRECTOR HAS OTHER BUSINESS INTERESTS, HE MAY
NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS
OPERATIONS, CAUSING OUR BUSINESS TO FAIL.

     Mr. Daniel Martinez-Atkinson, our sole officer and director of the company,
     currently devotes approximately 5-7 hours per week providing management
     services to us. While he presently possesses adequate time to attend to our
     interests, it is possible that the demands on him from his other
     obligations could increase, with the result that he would no longer be able
     to devote sufficient time to the management of our business. This could
     negatively impact our business development.

IF OUR OFFICER AND DIRECTOR RESIGNS OR DIES WITHOUT HAVING FOUND REPLACEMENTS
OUR OPERATIONS WILL BE SUSPENDED OR CEASE. IF THAT SHOULD OCCUR, YOU COULD LOSE
YOUR INVESTMENT.

     We only have one officer and director. We are entirely dependent upon him
     to conduct our operations. If he should resign or die there will be no one
     to operate the company. If we lose the services of our officer and
     director, and until we find another person to replace him, our operations
     will be suspended or cease entirely. In that event it is possible you could
     lose your entire investment.

ITEM 2. PROPERTIES

We do not currently own any property. We are currently utilizing space at the
residence of our president at Church Barn, 3 Church Lane, Barlby, Selby, England
YO8 5JG. We believe the current premises are sufficient for our needs at this
time.

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<PAGE>
We currently have no investment policies as they pertain to real estate, real
estate interests or real estate mortgages.

ITEM 3. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings and we are not aware of
any pending or potential legal actions.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

There were no matters submitted to a vote of the security holders during the
year ended July 31, 2008.

                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our common stock was listing for trading on the Over the Counter Bulletin Board
under the symbol "LBYE". There has been no trading of our securities, and,
therefore, no high and low bid pricing. As of the date of this report we have 27
shareholders of record. We have paid no cash dividends and have no outstanding
options. We have no securities authorized for issuance under equity compensation
plans.

PENNY STOCK RULES

The Securities and Exchange Commission has also adopted rules that regulate
broker-dealer practices in connection with transactions in penny stocks. Penny
stocks are generally equity securities with a price of less than $5.00 (other
than securities registered on certain national securities exchanges or quoted on
the Nasdaq system, provided that current price and volume information with
respect to transactions in such securities is provided by the exchange or
system).

A purchaser is purchasing penny stock which limits the ability to sell the
stock. The shares offered by this prospectus constitute penny stock under the
Securities and Exchange Act. The shares will remain penny stocks for the
foreseeable future. The classification of penny stock makes it more difficult
for a broker-dealer to sell the stock into a secondary market, which makes it
more difficult for a purchaser to liquidate his/her investment. Any
broker-dealer engaged by the purchaser for the purpose of selling his or her
shares in us will be subject to Rules 15g-1 through 15g-10 of the Securities and
Exchange Act. Rather than creating a need to comply with those rules, some
broker-dealers will refuse to attempt to sell penny stock.

The penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from those rules, to deliver a standardized risk
disclosure document, which:

     -    contains a description of the nature and level of risk in the market
          for penny stock in both public offerings and secondary trading;

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<PAGE>
     -    contains a description of the broker's or dealer's duties to the
          customer and of the rights and remedies available to the customer with
          respect to a violation of such duties or other requirements of the
          Securities Act of 1934, as amended;

     -    contains a brief, clear, narrative description of a dealer market,
          including "bid" and "ask" price for the penny stock and the
          significance of the spread between the bid and ask price;

     -    contains a toll-free telephone number for inquiries on disciplinary
          actions;

     -    defines significant terms in the disclosure document or in the conduct
          of trading penny stocks; and

     -    contains such other information and is in such form (including
          language, type, size and format) as the Securities and Exchange
          Commission shall require by rule or regulation;

The broker-dealer also must provide, prior to effecting any transaction in a
penny stock, to the customer:

     -    the bid and offer quotations for the penny stock;

     -    the compensation of the broker-dealer and its salesperson in the
          transaction;

     -    the number of shares to which such bid and ask prices apply, or other
          comparable information relating to the depth and liquidity of the
          market for such stock; and

     -    monthly account statements showing the market value of each penny
          stock held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a
penny stock not otherwise exempt from those rules; the broker-dealer must make a
special written determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written acknowledgment of the receipt
of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitability statement.
These disclosure requirements will have the effect of reducing the trading
activity in the secondary market for our stock because it will be subject to
these penny stock rules. Therefore, stockholders may have difficulty selling
their securities.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

RESULTS OF OPERATIONS

We are an exploration stage company and have generated no revenues since
inception and have incurred $31,967 in expenses through July 31, 2008.

The following table provides selected financial data about our company for the
periods ended July 31, 2008 and 2007.

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             Balance Sheet Data:           7/31/08           7/31/07
             -------------------           -------           -------

             Cash                       $   39,033           53,146
             Total assets               $   39,033           56,146
             Total liabilities          $    5,000            5,000
             Shareholders' equity       $   34,033           51,146

Cash provided by financing activities since inception through July 31, 2008 was
$66,000, $6,000 from the sale of shares to our officer and director in June 2006
and $60,000 resulting from the sale of our common stock in our initial public
offering to 26 independent investors in December 2006.

LIQUIDITY AND CAPITAL RESOURCES

Our cash balance at July 31, 2008 was $39,033, with $5,000 in outstanding
liabilities consisting of a loan from our director. The loan is non-interest
bearing with no specific terms of repayment. If we experience a shortfall of
cash our director has agreed to loan us additional funds for operating expenses,
however he has no legal obligation to do so. Total expenditures over the next 12
months are expected to be approximately $30,000. We are an exploration stage
company and have generated no revenue to date.

PLAN OF OPERATION

The company carried out exploration on a mineral claim known as the TG Mineral
Claim. The initial phase of exploration included detailed prospecting and
mineralization mapping, followed by hand trenching to obtain clean, fresh
samples at a cost of $4,950. Based on the information available to us from our
Phase I exploration program, we determined that the TG Mineral Claim did not, in
all likelihood, contain a commercially viable mineral deposit, and we therefore
abandoned any further exploration on the property.

As a result, we are investigating several other business opportunities to
enhance shareholder value, and are focused on the oil and gas industry with the
acquisition of oil and natural gas assets both in Canada and the United States.
Subject to completing due diligence and funding sources being available if
required we intend to pursue business opportunities in the oil and gas business.
We may require additional funding to proceed. We cannot provide investors with
any assurance that we will be able to raise sufficient funds to fund any work in
the oil and gas business. Our management has also been analyzing other various
alternatives available to our company to ensure our survival and to preserve our
shareholder's investment in our common shares. This analysis has included
sourcing additional forms of financing to continue our business as is while
looking for other exploration targets, or mergers and/or acquisitions. At this
stage in our operations, we believe either course is acceptable, as our
operations have not been profitable and our future prospects for our business
are not good without further financing.

We would focus our preliminary merger/acquisition activities on potential
business opportunities with established business entities for the merger of a
target business with our company. In certain instances, a target business may
wish to become a subsidiary of our company or may wish to contribute assets to
our company rather than merge. We anticipate that any new acquisition or
business opportunities by our company will require additional financing. There

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can be no assurance, however, that we will be able to acquire the financing
necessary to enable us to pursue our plan of operation. If our company requires
additional financing and we are unable to acquire such funds, our business may
fail.

In implementing a structure for a particular business acquisition or
opportunity, we may become a party to a merger, consolidation, reorganization,
joint venture, or licensing agreement with another corporation or entity. We may
also acquire stock or assets of an existing business. Upon the consummation of a
transaction, it is likely that our present management will no longer be in
control of our company and our existing business will close down. In addition,
it is likely that our officers and directors will, as part of the terms of the
acquisition transaction, resign and be replaced by one or more new officers and
directors.

We anticipate that the selection of a business opportunity in which to
participate will be complex and without certainty of success. Management
believes that there are numerous firms in various industries seeking the
perceived benefits of being a publicly registered corporation. Business
opportunities may be available in many different industries and at various
stages of development, all of which will make the task of comparative
investigation and analysis of such business opportunities extremely difficult
and complex.

We may seek a business opportunity with entities who have recently commenced
operations, or entities who wish to utilize the public marketplace in order to
raise additional capital in order to expand business development activities, to
develop a new product or service, or for other corporate purposes. We may
acquire assets and establish wholly-owned subsidiaries in various businesses or
acquire existing businesses as subsidiaries.

At this stage, we can provide no assurance that we will be able to locate
compatible business opportunities, what additional financing we will require to
complete a combination or merger with another business opportunity, or whether
the opportunity's operations will be profitable.

As of the date hereof, we have not been successful in our exploration efforts.
Historically, we have been able to raise a limited amount of capital through
private placements of our equity stock, but we are uncertain about our continued
ability to raise funds privately. Further, we believe that our company may have
more difficulties raising capital for our existing operations than for a new
business opportunity. We have not entered into any formal written agreements for
a business combination or opportunity. If any such agreement is reached, we
intend to disclose such an agreement by filing a current report on Form 8-K with
the Securities and Exchange Commission.

If we are unable to secure adequate capital to continue our business or
alternatively, complete a merger or acquisition, our shareholders will lose some
or all of their investment and our business will likely fail.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

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ITEM 8. FINANCIAL STATEMENTS

                               GEORGE STEWART, CPA
                     2301 SOUTH JACKSON STREET, SUITE 101-G
                            SEATTLE, WASHINGTON 98144
                        (206) 328-8554 FAX(206) 328-0383


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Liberty Energy, Corp.

I have  audited the  accompanying  balance  sheet of Liberty  Energy,  Corp.  (A
Exploration  Stage  Company)  as of July 31,  2008  and  2007,  and the  related
statement of operations,  stockholders' equity and cash flows for the years then
ended and from June 6,  2006  (inception),  to July 31,  2008.  These  financial
statements are the responsibility of the Company's management. My responsibility
is to express an opinion on these financial statements based on my audit.

I conducted my audit in  accordance  with the  standards  of the Public  Company
Accounting Oversight Board (United States).  Those standards require that I plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial statement presentation.  I believe that my audit provides a reasonable
basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all
material  respects,   the  financial  position  of  Liberty  Energy,  Corp.,  (A
Exploration  Stage Company) as of July 31, 2008 and 2007, and the results of its
operations  and cash  flows  for the  years  then  ended  and from  June 6, 2006
(inception),  to July 31, 2008 in conformity with generally accepted  accounting
principles in the United States of America.

The accompanying  financial  statements have been prepared  assuming the Company
will  continue as a going  concern.  As discussed  in Note # 6 to the  financial
statements,  the Company has had no operations and has no established  source of
revenue.  This raises substantial doubt about its ability to continue as a going
concern.  Management's plan in regard to these matters is also described in Note
# 6. The financial  statements do not include any adjustments  that might result
from the outcome of this uncertainty.



/s/ George Stewart, CPA
-----------------------------
Seattle, Washington
October 14, 2008

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<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                                 Balance Sheet
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                    As of              As of
                                                                   July 31,           July 31,
                                                                     2008               2007
                                                                   --------           --------
<S>                                                                <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $ 39,033           $ 53,146
  Deposit                                                                --              3,000
                                                                   --------           --------
      TOTAL CURRENT ASSETS                                           39,033             56,146
                                                                   --------           --------

                                                                   $ 39,033           $ 56,146
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Payable to a Director                                            $  5,000           $  5,000
                                                                   --------           --------
TOTAL CURRENT LIABILITIES                                             5,000              5,000

      TOTAL LIABILITIES                                               5,000              5,000

STOCKHOLDERS' EQUITY
  Common stock, ($0.001 par value, 150,000,000 shares
   authorized; 60,000,000 shares issued and outstanding
   as of July 31, 2008 and July 31, 2007                             60,000             60,000
  Additional paid-in capital                                          6,000              6,000
  Deficit accumulated during exploration stage                      (31,967)           (14,854)
                                                                   --------           --------
TOTAL STOCKHOLDERS' EQUITY                                           34,033             51,146
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $ 39,033           $ 56,146
                                                                   ========           ========
</TABLE>


                        See Notes to Financial Statements

                                       13
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                             Statement of Operations
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                        June 6, 2006
                                                                                        (inception)
                                             Year Ended            Year Ended             through
                                              July 31,              July 31,              July 31,
                                                2008                  2007                  2008
                                             -----------           -----------           -----------
<S>                                          <C>                   <C>                   <C>
REVENUES
  Revenues                                   $        --           $       100           $       100
                                             -----------           -----------           -----------
TOTAL REVENUES                                        --                   100                   100

EXPENSES
  Professional Fees                                7,196                 6,900                14,096
  General & Administrative Expenses                9,917                 7,439                17,970
                                             -----------           -----------           -----------
TOTAL EXPENSES                                    17,113                14,339                32,067
                                             -----------           -----------           -----------

NET INCOME (LOSS)                            $   (17,113)          $   (14,239)          $   (31,967)
                                             ===========           ===========           ===========

BASIC EARNINGS PER SHARE                     $      0.00           $      0.00
                                             ===========           ===========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                    60,000,000            49,726,027
                                             ===========           ===========
</TABLE>


                        See Notes to Financial Statements

                                       14
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                  Statement of Changes in Stockholders' Equity
               From June 6, 2006 (Inception) through July 31, 2007
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                               Deficit
                                                                                             Accumulated
                                                                Common        Additional       During
                                                Common          Stock          Paid-in       Exploration
                                                 Stock          Amount         Capital          Stage          Total
                                                 -----          ------         -------          -----          -----
<S>                                            <C>             <C>             <C>            <C>           <C>
BALANCE, JUNE 6, 2006                                 --       $     --       $      --       $      --      $      --

Stock issued for cash on June 6, 2006
 @ $0.005 per share                           30,000,000         30,000         (25,000)                         5,000

Net loss, July 31, 2006                                                                            (615)          (615)
                                             -----------       --------       ---------       ---------      ---------

BALANCE, JULY 31, 2006                        30,000,000       $ 30,000       $ (25,000)      $    (615)     $   4,385
                                             ===========       ========       =========       =========      =========
Stock issued for cash on December 4, 2006
 @ $0.05 per share                            30,000,000         30,000          30,000                         60,000

Net loss,  July 31, 2007                                                                        (14,239)       (14,239)
                                             -----------       --------       ---------       ---------      ---------

BALANCE, JULY 31, 2007                        60,000,000       $ 60,000       $   5,000       $ (14,854)     $  50,146
                                             ===========       ========       =========       =========      =========

Net loss, July 31, 2008                                                                         (17,113)       (17,113)
                                             -----------       --------       ---------       ---------      ---------

BALANCE, JULY 31, 2008                        60,000,000       $ 60,000       $   5,000       $ (31,967)     $  33,033
                                             ===========       ========       =========       =========      =========
</TABLE>

                        See Notes to Financial Statements

                                       15
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                             Statement of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                     June 6, 2006
                                                                                                     (inception)
                                                                Year Ended         Year Ended          through
                                                                 July 31,           July 31,           July 31,
                                                                   2008               2007               2008
                                                                 --------           --------           --------
<S>                                                              <C>                <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                              $(17,113)          $(14,239)          $(31,967)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
     Decrease (Increase) in Deposit                                 3,000             (3,000)                --
     Incease (Decrease) in Payable to a Director                       --              5,000              5,000
                                                                 --------           --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES     (14,113)           (12,239)           (26,967)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES          --                 --                 --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                             --             30,000             60,000
  Additional paid-in capital                                           --             30,000              6,000
                                                                 --------           --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES          --             60,000             66,000
                                                                 --------           --------           --------

NET INCREASE (DECREASE) IN CASH                                   (14,113)            47,761             39,033

CASH AT BEGINNING OF PERIOD                                        53,146              5,385                 --
                                                                 --------           --------           --------

CASH AT END OF YEAR                                              $ 39,033           $ 53,146           $ 39,033
                                                                 ========           ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                       $     --           $     --           $     --
                                                                 ========           ========           ========

  Income Taxes                                                   $     --           $     --           $     --
                                                                 ========           ========           ========
</TABLE>


                        See Notes to Financial Statements

                                       16
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  July 31, 2008
--------------------------------------------------------------------------------

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Liberty Energy Corp.  (f/k/a DMA Minerals Inc., the "Company") was  incorporated
on June 6, 2006  under the laws of the State of  Nevada.  The  Company  has been
primarily engaged in the acquisition and exploration of mining properties.

The Company has been in the  exploration  stage since its  formation and has not
yet  realized  any revenues  from its planned  operations.  Upon the location of
commercially  mineable  reserves,  the  Company  plans to  prepare  for  mineral
extraction and enter the development stage.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company  reports revenue and expenses using the accrual method of accounting
for  financial and tax  reporting  purposes.  The Company has elected a July 31,
year-end.

USE OF ESTIMATES

Management   uses  estimates  and   assumptions  in  preparing  these  financial
statements in accordance with generally accepted  accounting  principles.  Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent  assets and liabilities,  and the reported revenues
and expenses.

PRO FORMA COMPENSATION EXPENSE

No stock options have been issued by Liberty  Energy Corp.  Accordingly,  no pro
forma compensation expense is reported in these financial statements.

MINERAL PROPERTY ACQUISITION AND EXPLORATION COSTS

The Company  expenses all costs related to the  acquisition  and  exploration of
mineral  properties  in  which  it  has  secured  exploration  rights  prior  to
establishment  of proven and  probable  reserves.  To date,  the Company has not
established the commercial feasibility of any exploration prospects;  therefore,
all costs are being expensed.

DEPRECIATION, AMORTIZATION AND CAPITALIZATION

The Company records  depreciation and amortization  when appropriate  using both
straight-line  and declining  balance methods over the estimated  useful life of
the assets (five to seven years).  Expenditures  for maintenance and repairs are

                                       17
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  July 31, 2008
--------------------------------------------------------------------------------

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

charged to expense as incurred.  Additions, major renewals and replacements that
increase the property's  useful life are capitalized.  Property sold or retired,
together  with  the  related  accumulated  depreciation,  is  removed  from  the
appropriate accounts and the resultant gain or loss is included in net income.

INCOME TAXES

The Company  accounts  for its income  taxes in  accordance  with  Statement  of
Financial  Accounting  Standards No. 109,  "Accounting for Income Taxes".  Under
Statement  109,  a  liability  method is used  whereby  deferred  tax assets and
liabilities are determined based on temporary differences between basis used for
financial reporting and income tax reporting purposes. Income taxes are provided
based on tax rates in effect at the time such temporary differences are expected
to reverse. A valuation allowance is provided for certain deferred tax assets if
it is more  likely than not,  that the  Company  will not realize the tax assets
through future operations.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial accounting Standards Statement No. 107,  "Disclosures About Fair Value
of Financial  Instruments",  requires the Company to disclose,  when  reasonably
attainable,  the fair  market  values of its  assets and  liabilities  which are
deemed to be financial instruments.  The Company's financial instruments consist
primarily of cash and certain investments.

INVESTMENTS

Investments  that are  purchased in other  companies are valued at cost less any
impairment in the value that is other than temporary in nature.

PER SHARE INFORMATION

The Company  computes  per share  information  by dividing  the net loss for the
period  presented by the weighted  average number of shares  outstanding  during
such period.

NOTE 3 - PROVISION FOR INCOME TAXES

The provision for income taxes for the period ended July 31, 2008 represents the
minimum  state  income  tax  expense  of the  Company,  which is not  considered
significant.

NOTE 4 - COMMITMENTS AND CONTINGENCIES

LITIGATION

The Company is not presently involved in any litigation.

                                       18
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  July 31, 2008
--------------------------------------------------------------------------------

NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Recently issued accounting pronouncements will have no significant impact on the
Company and its reporting methods.

NOTE 6 - GOING CONCERN

Future  issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its  operations  and  continue as a
going concern. The Company's present revenues are insufficient to meet operating
expenses.

The consolidated financial statements of the Company have been prepared assuming
that the Company will continue as a going  concern,  which  contemplates,  among
other things,  the realization of assets and the  satisfaction of liabilities in
the normal course of business. The Company has incurred cumulative net losses of
$31,967  since  its  inception  and  requires   capital  for  its   contemplated
operational  activities to take place. The Company's ability to raise additional
capital through the future issuances of common stock is unknown.  The obtainment
of  additional   financing,   the   successful   development  of  the  Company's
contemplated  plan  of  operations,  and  its  transition,  ultimately,  to  the
attainment  of profitable  operations  are necessary for the Company to continue
operations.  The ability to successfully resolve these factors raise substantial
doubt  about  the  Company's  ability  to  continue  as  a  going  concern.  The
consolidated  financial statements of the Company do not include any adjustments
that may result from the outcome of these aforementioned uncertainties.

NOTE 7 - RELATED PARTY TRANSACTIONS

At of July 31,  2008,  a loan  payable  in the  amount of $5,000  was due Daniel
Martinez-Atkinson (a director) of which the loan is non-interest bearing with no
specific repayment terms.

Daniel  Martinez-Atkinson,  the sole officer and director of the Company may, in
the future,  become  involved  in other  business  opportunities  as they become
available,  thus he may face a conflict in selecting between the Company and his
other  business  opportunities.  The Company has not formulated a policy for the
resolution of such conflicts.

NOTE 8 - STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

                                       19
<PAGE>
                              LIBERTY ENERGY CORP.
                         (An Exploration Stage Company)
                          Notes to Financial Statements
                                  July 31, 2008
--------------------------------------------------------------------------------

NOTE 8 - STOCK TRANSACTIONS - CONTINUED

On June 6, 2006 the Company issued a total of 30,000,000  shares of common stock
to one  director  for cash in the  amount  of  $0.0002  per share for a total of
$6,000.

30,000,000  common  shares were issued to 26  investors  in the  Company's  SB-2
offering for the aggregate sum of $60,000 in cash. The Regulation  SB-2 offering
was declared effective by the Securities and Exchange  Commission on November 8,
2006 and completed on December 4, 2006.

Effective  June 11,  2008 the  Company  effected  a forward  stock  spilt of the
authorized,  issued and outstanding  shares of common stock on a twenty five new
for one old basis. Authorized capital increased from 75,000,000 common shares to
150,000,000  common  shares and par value  remained  at $.001 per  share.  These
financial statements have been retroactively restated to reflect these changes.

As of July 31, 2008 the Company had 60,000,000 shares of common stock issued and
outstanding.

NOTE 9 - STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of July 31, 2008:

Common  stock,  $ 0.001 par value:  150,000,000  shares  authorized;  60,000,000
shares issued and outstanding.

                                       20
<PAGE>
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

MANAGEMENT'S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Our management is responsible for establishing and maintaining adequate internal
control over financial reporting, as such term is defined in Rules 13a-15(f) and
15d-15(f) under the Exchange Act, for the Company.

Internal control over financial reporting includes those policies and procedures
that: (1) pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and dispositions of our assets;
(2) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted
accounting principles, and that our receipts and expenditures are being made
only in accordance with authorizations of its management and directors; and (3)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of our assets that could have a
material effect on the financial statements.

Management recognizes that there are inherent limitations in the effectiveness
of any system of internal control, and accordingly, even effective internal
control can provide only reasonable assurance with respect to financial
statement preparation and may not prevent or detect material misstatements. In
addition, effective internal control at a point in time may become ineffective
in future periods because of changes in conditions or due to deterioration in
the degree of compliance with our established policies and procedures.

A material weakness is a significant deficiency, or combination of significant
deficiencies, that results in there being a more than remote likelihood that a
material misstatement of the annual or interim financial statements will not be
prevented or detected.

Under the supervision and with the participation of our Chief Executive Officer
and Chief Financial Officer, management conducted an evaluation of the
effectiveness of our internal control over financial reporting, as of the

                                       21
<PAGE>
Evaluation Date, based on the framework set forth in Internal Control-Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO). Based on its evaluation under this framework, management
concluded that our internal control over financial reporting was not effective
as of the Evaluation Date.

Management assessed the effectiveness of the Company's internal control over
financial reporting as of Evaluation Date and identified the following material
weaknesses:

INSUFFICIENT RESOURCES: We have an inadequate number of personnel with requisite
expertise in the key functional areas of finance and accounting.

INADEQUATE SEGREGATION OF DUTIES: We have an inadequate number of personnel to
properly implement control procedures.

LACK OF AUDIT COMMITTEE & OUTSIDE DIRECTORS ON THE COMPANY'S BOARD OF DIRECTORS:
We do not have a functioning audit committee and outside directors on the
Company's Board of Directors, resulting in ineffective oversight in the
establishment and monitoring of required internal controls and procedures.

Management is committed to improving its internal controls and will (1) continue
to use third party specialists to address shortfalls in staffing and to assist
the Company with accounting and finance responsibilities, (2) increase the
frequency of independent reconciliations of significant accounts which will
mitigate the lack of segregation of duties until there are sufficient personnel
and (3) may consider appointing outside directors and audit committee members in
the future.

Management, including our Chief Executive Officer and Chief Financial Officer,
has discussed the material weakness noted above with our independent registered
public accounting firm. Due to the nature of this material weakness, there is a
more than remote likelihood that misstatements which could be material to the
annual or interim financial statements could occur that would not be prevented
or detected.

This Annual Report does not include an attestation report of our registered
public accounting firm regarding internal control over financial reporting.
Management's report was not subject to attestation by the our registered public
accounting firm pursuant to temporary rules of the SEC that permit us to provide
only management's report in this annual report.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date.

CEO AND CFO CERTIFICATIONS

Appearing immediately following the Signatures section of this report there are
Certifications of the CEO and the CFO. The Certifications are required in
accordance with Section 302 of the Sarbanes-Oxley Act of 2002 (the Section 302
Certifications). This Item of this report, which you are currently reading is
the information concerning the Evaluation referred to in the Section 302

                                       22
<PAGE>
Certifications and this information should be read in conjunction with the
Section 302 Certifications for a more complete understanding of the topics
presented.

ITEM 9B.  OTHER INFORMATION

AMENDMENTS TO ARTICLES OF INCORPORATION

Effective June 11, 2008, we effected a 25 for one forward stock split of our
authorized and issued and outstanding common stock. As a result, our authorized
capital has increased from 75,000,000 to 1,875,000,000 shares of common stock
and out outstanding share capital has increased from 2,400,000 shares of common
stock to 60,000,000 shares of common stock.

Also effective June 11, 2008, we have changed our name from "DMA Minerals Inc."
to "Liberty Energy Corp.". The change of name was approved by our directors and
a majority of our shareholders.

In addition, effective June 11, 2008, as approved by our directors and a
majority of our shareholders, we reduced our authorized capital from
1,875,000,000 shares of common stock to 150,000,000 shares of common stock.

REGULATION FD DISCLOSURE

The name change, forward stock split and reduction of authorized capital became
effective with the Over-the-Counter Bulletin Board at the opening for trading on
June 11, 2008 under the new stock symbol "LBYE". Our new CUSIP number is 53045E
105.

                                    PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS

The officer and director of Liberty Energy Corp., whose one year term will
expire on 07/01/09, or at such a time as his successor(s) shall be elected and
qualified is as follows:

Name & Address             Age   Position      Date First Elected   Term Expires
--------------             ---   --------      ------------------   ------------
Daniel Martinez-Atkinson    25   President,         6/06/06            7/01/09
Church Barn, 3 Church Lane       Secretary,
Barlby, Selby                    Treasurer, CFO,
England YO8 5JG                  CEO & Director

The person named above is a promoter of Liberty Energy Corp., as that term is
defined in the rules and regulations promulgated under the Securities and
Exchange Act of 1933.

Directors are elected to serve until the next annual meeting of stockholders and
until their successors have been elected and qualified. Officers are appointed
to serve until the meeting of the board of directors following the next annual
meeting of stockholders and until their successors have been elected and
qualified.

                                       23
<PAGE>
Daniel Martinez-Atkinson currently devotes 5-7 hours per week to company
matters. In the future Mr. Martinez-Atkinson will devote as much time as the
board of directors deems necessary to manage the affairs of the company.

Our officer or director has not been the subject of any order, judgment, or
decree of any court of competent jurisdiction, or any regulatory agency
permanently or temporarily enjoining, barring, suspending or otherwise limiting
him from acting as an investment advisor, underwriter, broker or dealer in the
securities industry, or as an affiliated person, director or employee of an
investment company, bank, savings and loan association, or insurance company or
from engaging in or continuing any conduct or practice in connection with any
such activity or in connection with the purchase or sale of any securities.

Our officer and director has not been convicted in any criminal proceeding
(excluding traffic violations) and is not the subject of a criminal proceeding
which is currently pending.

RESUME

DANIEL MARTINEZ-ATKINSON has been President, CEO, Treasurer, CFO, Secretary and
Director of the Company since inception.

EDUCATION

Sept 05 - Sept 06      MA CORPORATE STRATEGY AND GOVERNANCE, University of
                       Nottingham
                       Corporate strategy is concerned with how organizations
                       develop, grow and restructure, usually as a result of
                       environmental changes. Corporate governance is closely
                       liked as it is concerned with who controls a company, the
                       relationship between owners and managers, who takes
                       responsibility for decisions, and executive remuneration
                       levels.

Sept 02 - Jun 05       BSC HONS OPERATIONS MANAGEMENT - First Class
                       Modules focused on information systems, administrative
                       theory, supply chain management, microeconomics, human
                       resources management, finance, managerial accounting,
                       policy, calculus, statistics, project management and
                       management science.

2000 - 2002            Repton School
                       A levels: Business Studies (A), French (A), Spanish (A)
                       As level: General Studies (C)

1999 - 2000            Professional tennis player, based in Malaga, Spain

WORK EXPERIENCE

Jul 05 - Aug 05        PLACEMENT (ADMINISTRATIVE ASSISTANT), DAVID LLOYD
                       NOTTINGHAM
                       Liaison with potential and existing customers in order to
                       meet their individual membership requirements. Assisting
                       with payroll, composing letters for CRB (police) checks

                                       24
<PAGE>
                       and maintaining record systems. This experience really
                       gave me an insight into the running of a business in a
                       client-focused environment.

Sept 04 - Sept 05      CONSULTANCY PROJECT, LEW HOAD CAMPO DE TENIS,
                       DISSERTATION
                       Objective was to create a recovery business plan to
                       ensure that the Lew Hoad Campo de Tenis reaches as a
                       minimum a level of financial break even. Involved in
                       reviewing accounts, holding interviews, collating market
                       data, analyzing results and putting justified
                       recommendations forward to the club.

Jun 02 - Sept 05       TENNIS COACH, LEW HOAD CAMPO DE TENIS, MALAGA, SPAIN
                       In sole charge of the organization, promotion and running
                       of the children's summer program which ran for 12 weeks.
                       Roles included budgeting, forecasting, staff recruitment
                       and training, purchasing, organizing staff, events and
                       tournaments and the creation and implementation of a
                       publicity campaign. My greatest development during my
                       time at the club was the substantial improvement of my
                       leadership skills

Jan 02 - Jun 04        BARTENDER, LINCOLN HALL, UNIVERSITY OF NOTTINGHAM

CODE OF ETHICS

Our board of directors adopted our code of ethical conduct that applies to all
of our employees and directors, including our principal executive officer,
principal financial officer, principal accounting officer or controller, and
persons performing similar functions.

We believe the adoption of our Code of Ethical Conduct is consistent with the
requirements of the Sarbanes-Oxley Act of 2002.

Our Code of Ethical Conduct is designed to deter wrongdoing and to promote:

     *    Honest and ethical conduct, including the ethical handling of actual
          or apparent conflicts of interest between personal and professional
          relationships;
     *    Full, fair, accurate, timely and understandable disclosure in reports
          and documents that we file or submit to the Securities & Exchange
          Commission and in other public communications made by us;
     *    Compliance with applicable governmental laws, rules and regulations;
     *    The prompt internal reporting to an appropriate person or persons
          identified in the code of violations of our Code of Ethical Conduct;
          and
     *    Accountability for adherence to the Code.

ITEM 11. EXECUTIVE COMPENSATION

Our current officer receives no compensation. The current Board of Directors is
comprised solely of Daniel Martinez-Atkinson.

                                       25
<PAGE>
                           SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>
                                                                                   Change in
                                                                                    Pension
                                                                                   Value and
                                                                     Non-Equity   Nonqualified
                                                                     Incentive     Deferred       All
 Name and                                                              Plan         Compen-      Other
 Principal                                       Stock     Option     Compen-       sation       Compen-
 Position             Year   Salary     Bonus    Awards    Awards     sation       Earnings      sation     Totals
------------          ----   ------     -----    ------    ------     ------       --------      ------     ------
<S>                   <C>       <C>       <C>        <C>      <C>        <C>           <C>         <C>        <C>
Daniel
Martinez-Atkinson,    2008     0          0        0          0          0             0            0          0
CEO, CFO,             2007     0          0        0          0          0             0            0          0
President,            2006     0          0        0          0          0             0            0          0
Secretary,
Director
</TABLE>

There are no current employment agreements between the company and its executive
officer.

On June 6, 2006, a total of 1,200,000 shares of common stock were issued to
Daniel Martinez-Atkinson in exchange for cash in the amount of $6,000 U.S., or
$.005 per share.

The terms of these stock issuances were as fair to the company, in the opinion
of the board of directors, as could have been made with an unaffiliated third
party.

Daniel Martinez-Atkinson currently devotes approximately 5-7 hours per week to
manage the affairs of the company. He has agreed to work with no remuneration
until such time as the company receives sufficient revenues necessary to provide
management salaries. At this time, we cannot accurately estimate when sufficient
revenues will occur to implement this compensation, or what the amount of the
compensation will be.

There are no annuity, pension or retirement benefits proposed to be paid to
officers, directors or employees in the event of retirement at normal retirement
date pursuant to any presently existing plan provided or contributed to by the
company or any of its subsidiaries, if any.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information on the ownership of Liberty Energy
Corp. voting securities by officers, directors and major shareholders as well as
those who own beneficially more than five percent of our common stock as of the
date of this annual report:

          Name of                        No. of            Percentage
     Beneficial Owner (1)                Shares           of Ownership:
     --------------------                ------           -------------

     Daniel Martinez-Atkinson          30,000,000               50%

     Officers and
     Directors as a Group              30,000,000               50%

----------
(1)  The person named may be deemed to be a "parent" and "promoter" of the
     Company, within the meaning of such terms under the Securities Act of 1933,
     as amended.

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<PAGE>
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On June 6, 2006, a total of 1,200,000 shares of Common Stock were issued to
Daniel Martinez-Atkinson in exchange for $6,000 US, or $.005 per share. On June
11, 2008 the company effected a 25 for 1 forward stock split which resulted in
Mr. Martinez-Atkinson now holding 30,000,000 shares of the company's Common
Stock. All of such shares are "restricted" securities, as that term is defined
by the Securities Act of 1933, as amended, and are held by the officer and
director of the Company.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

For the year ended July 31, 2008, the total fees charged to the company for
audit services including quarterly reviews were $5,700, for audit-related
services were $Nil, for tax services were $Nil and for other services were $Nil.

The total fees charged to the company for audit services, including interim
reviews, were $5,400, for audit-related services were $Nil, for tax services
were $Nil and for other services were $Nil during the year ended July 31, 2007.

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<PAGE>
                                     PART IV

ITEM 15. EXHIBITS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-138107, at the SEC
website at www.sec.gov:

     Exhibit No.                        Description
     -----------                        -----------

        3.1          Articles of Incorporation*
        3.2          Bylaws*
       31.1          Sec. 302 Certification of Principal Executive Officer
       31.2          Sec. 302 Certification of Principal Financial Officer
       32.1          Sec. 906 Certification of Principal Executive Officer
       32.2          Sec. 906 Certification of Principal Financial Officer

                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.



/s/ Daniel Martinez-Atkinson                                    October 16, 2008
--------------------------------------------------              ----------------
Daniel Martinez-Atkinson, President                                    Date
(Chief Executive Officer, Chief Financial Officer,
Principal Accounting Officer & Sole Director)

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