Laredo Petroleum Inc.
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Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Okla. Laredo’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties, primarily in the Permian Basin of West Texas.
Editor's note: Updated March 29, 2020.
Symbol(s)
Headquarters Address
15 W. Sixth Street, Ste. 900
Tulsa, OK 74119
United States
Website
www.laredopetro.comMain Phone Number
News
William (Bill) Albrecht succeeds Laredo Petroleum’s founder, Randy Foutch, who decided to not stand for re-election to the board.
Other U.S. shale producers have taken similar measures this year in hopes of boosting its share price to avoid delisting, including…
Study finds E&P companies are not well-positioned for long-term oil price collapse.
An estimated 31 hydraulic fracturing fleets, or 11% of those currently operating, were turned off in the last week, according to data…
Laredo Petroleum began this year with its common stock trading around $2.76 per share but has since seen its stock price nosedive by…
New Financings
Laredo Petroleum, Inc., a Delaware corporation, announced today the pricing of $600 million in aggregate…
Laredo Petroleum Inc., a Delaware corporation, intends, subject to market conditions,…
Authorized a $200 million share repurchase program.
Laredo Petroleum, Inc. has called for redemption all $500 million aggregate principal amount of the its…
Priced upsized public offering of 13 million common shares. Underwriters received a 30-day option to…
Activity Highlights
Webb
TX
United States
Two horizontal Olmos gas discoveries were announced by Laredo Energy LLC in southern Webb County (RRC Dist. 4), Texas. The #7H Needmore flowed 8.4 MMcf of gas, 194 bbl of condensate and 390 bbl of water per day. Production is from fractured Olmos…
Hemphill
TX
United States
Laredo Petroleum Inc. completed a Des Moines Granite Wash producer in the western Anadarko Basin's Begert District 10 Field in Hemphill County (RRC Dist. 10), Texas. The venture produced 15.4 million cu. ft. of gas with 685 bbl. of 57-degree…
Hemphill
TX
United States
In Hemphill County (RRC Dist. 10), Texas, Laredo Petroleum Inc. completed two Des Moines Granite Wash horizontal ventures in the Anadarko Basin. The #6H Washita River 2 is in Section 2, Block A-1, H&GN Survey, A-1076. The well flowed 8.14…
Hartley
TX
United States
A Dalhart Basin horizontal Pennsylvanian producer by Laredo Petroleum Inc. initially flowed 163 bbl. of 38-degree-gravity oil and 700 bbl. of water per day. The #1H Brisbin 12 is in Section 12, Block 3, B&B Survey, A-1336, in Hartley…
Hartley
TX
United States
According to IHS Inc., Tulsa-based Laredo Petroleum Inc. completed a Dalhart Basin producer in Hartley County (RRC Dist. 10), Texas. The #1 K.R. Stanley 112 is in Section 112, Block 2, B&B Survey, A-1117, and was tested in an untreated…
Transactions
Laredo Petroleum Tacks On Midland Basin Acreage With Bolt-On Acquisition
Laredo Petroleum Tacks On Midland Basin Acreage With Bolt-On Acquisition
Laredo Petroleum Tacks On Another Permian Basin Acquisition
Laredo Petroleum Tacks On Another Permian Basin Acquisition
Laredo Petroleum To Acquire Undeveloped Midland Basin Acreage For $130 Million
Laredo Petroleum To Acquire Undeveloped Midland Basin Acreage For $130 Million
Laredo’s Sale Of Midland Midstream Pipes In $825 Million
Laredo’s Sale Of Midland Midstream Pipes In $825 Million