Barrel Energy, Inc., focuses on exploration and exploitation of sources of energy. It also focuses on the advancement of new energy battery metals, such as lithium, cobalt and graphite. The Company seeks a portfolio of projects for electric vehicles and mobile devices. The Company, through True Grit Resources (TGR), has the option to acquire in tranches, up to a 100% participation in the leases composing True Grit's L.G. Lithium in-Brine Project in Arizona.