Laredo Petroleum Acquires Pioneer Midland Basin Acreage for $230 Million

Transaction Type
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price

Acquired for cash and stock approximately 20,000 net acres directly offsetting its existing Midland Basin leasehold in western Glasscock County, TX; includes 4,400 boe/d (59% oil, 82% liquids) of current production and 135 gross operated oil-weighted locations.