InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Reports That Texakoma Is Exercising Option to Drill Valley County Wells
March 14, 2024
Laredo Oil (OTC: LRDC), an oil exploration and production company, announced that Texakoma Exploration and Production LLC (“Texakoma”) has exercised its option to drill the next eight wells under its agreement with Laredo Oil’s wholly-owned subsidiary, Lustre Oil Company LLC, and Erehwon Oil & Gas, LLC. The agreement also includes participation in the development of […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Subsidiary Reaches Agreement to Settle Mineral Rights Litigation
March 11, 2024
Laredo Oil (OTC: LRDC), an oil exploration and production company, through its wholly owned subsidiary Lustre Oil Company LLC, has announced an agreement to settle litigation. According to the announcement, the company has entered “a mutually agreeable settlement agreement between Lustre, Erehwon Oil & Gas LLC and A&S Minerals Development Company (‘ASMD’) LLC.” The agreement, which […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Subsidiary Enters Drilling Agreement for Montana Wells
January 22, 2024
Laredo Oil (OTC: LRDC), an oil exploration and production company, and its wholly owned subsidiary, Hell Creek Crude LLC (“HCC”), has entered into a participation agreement with Erehwon Oil & Gas LLC and various accredited investors. According to the announcement, the agreement initially provides more than $2 million in cash, which will be used to fund the […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Announces Discovery of Free Oil in Connection with Lustre, Texakoma Agreement
December 5, 2023
Laredo Oil (OTC: LRDC), an exploration and production company, today announced the discovery of “free oil” in the second of two wells drilled by Texakoma Exploration and Production, LLC under the agreement between Lustre Oil Company, LLC (a wholly owned subsidiary of Laredo Oil) and Texakoma. Similar to the first well drilled under the agreement, […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Releases Results from Drilling Conducted through Texakoma Exploration and Production Agreement
November 17, 2023
Laredo Oil (OTC: LRDC), an oil exploration and production company, is reporting on results of its drilling project in Montana. According to the announcement, drilling has encountered free oil and drill cutting oil shows from the main target zone in the first of two exploratory wells. The drilling is part of the agreement between Laredo […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Subsidiary Signs Exploration, Development Agreement with Texakoma
July 24, 2023
Laredo Oil (OTC: LRDC), an oil exploration and production company, through its wholly owned subsidiary Lustre Oil Company LLC, has inked a deal with Texakoma Exploration and Production, LLC. The agreement outlines plans for the company to participate in the exploration and development of 7,375 acres of mineral rights in Valley County, Montana. According to the […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Ideally Poised as Bullish 2023 Forecast Suggests Pricing Uptrend
September 9, 2022
Laredo Oil (OTC: LRDC), an oil exploration and production company, is primarily focused on acquiring, developing and operating undervalued conventional oil and gas properties while also engaging in the acquisition and development of select mature oil fields that are suitable for its proprietary Enhanced Oil Recovery (“EOR”) methods. “Despite a slowing economy and worries of […]
Dawson James Securities Announces October Date for 7th Annual Small Cap Growth Conference
September 6, 2022
JUPITER, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Dawson James Securities, Inc. (“Dawson”), a full-service boutique investment banking firm focused on emerging growth companies since 2004 and committed to helping clients navigate the healthcare, biotechnology and technology markets, today announces its 7th Annual Dawson James Small Cap Growth Conference. The event will take place on […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Making Strategic Moves Toward Future Growth, Enhanced Presence in Public Financial Markets
September 1, 2022
Laredo Oil (OTC: LRDC), an oil exploration and production company specializing in conventional and enhanced oil recovery (“EOR”) techniques targeting mature and declining oil fields, is eyeing the possibility of uplisting to a higher exchange and is making strategic moves in that direction. A recent article reads: “Laredo recently signed a financial advisory agreement with […]
Laredo Oil Inc. (LRDC) Progressing Toward Drilling as 2023 Oil Demand Projected to Increase
August 26, 2022
OPEC releases “bullish” forecast for oil demand moving into 2023 Healthy global economic growth, improvements in geopolitical developments and containment of COVID-19 in China contribute to positive projection LRDC has leased 37,900 mineral acres in the Western Williston Basin of Montana Despite a slowing economy and worries of a recession, the oil and gas industry […]
Laredo Oil Inc. (LRDC) Partners with Dawson James Securities to Focus on Future Growth
August 24, 2022
Dawson James brings 20 years of investment banking experience that will enhance LRDC presence in public financial markets Financial advisory agreement outlines valuable advice, consultations regarding uplisting, business and financial planning, corporate organization and structure, and more Laredo Oil is an oil exploration, production company primarily engaged in acquisition and exploration efforts for mineral properties […]
InvestorNewsBreaks – Laredo Oil Inc.’s (LRDC) Subsidiary Secures Permits to Drill
August 18, 2022
Laredo Oil (OTC: LRDC), an oil exploration and production company, today announced that its wholly owned subsidiary, Lustre Oil Company LLC, was granted two drilling permits. The permits are for its second and third wells in the Lustre Oil Field, which is located in the Western Williston Basin of Montana. “We are currently working with […]
Laredo Oil, Inc. Announces Permits to Drill
August 18, 2022
AUSTIN, Texas, Aug. 18, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Laredo Oil, Inc. (OTC Pink Sheets: LRDC) (“Laredo Oil”), an oil exploration and production company, today announces that its wholly owned subsidiary, Lustre Oil Company, LLC, has been granted two drilling permits for its second and third wells in the Lustre Oil Field, which is located in […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Subsidiary Acquires Mineral Rights in Core Development Areas in Montana
August 15, 2022
Laredo Oil (OTC: LRDC), an oil exploration and production company, through its wholly owned subsidiary Lustre Oil Company LLC, is acquiring mineral rights in northeastern Montana core development areas. According to the company, the company has increased its acreage in these key locations from 24,000 net acres to 45,246 gross and 37,932 net acres currently. […]
Laredo Oil, Inc. Announces Acquisition of Additional Mineral Rights
August 15, 2022
AUSTIN, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Laredo Oil, Inc. (OTC Pink Sheets: LRDC) (“Laredo Oil”), an oil exploration and production company, today announces that its wholly owned subsidiary, Lustre Oil Company, LLC, continues to acquire mineral rights in certain northeastern Montana core development areas. Since October 2021, Laredo Oil has […]
InvestorNewsBreaks — Laredo Oil Inc. (LRDC) Announces Financial Advisory Agreement with Dawson James Securities
July 27, 2022
Laredo Oil (OTC: LRDC), an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties, has entered into a financial advisory agreement with Dawson James Securities. According to the announcement, Dawson will provide advice to Laredo regarding the company’s business and financial planning, corporate organization and structure, and private and […]
Laredo Oil enters into Financial Advisory Agreement with Dawson James Securities
July 27, 2022
AUSTIN, Texas, July 27, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Laredo Oil, Inc. (“Laredo Oil”) (OTC Pink Sheets: LRDC), on July 21, 2022, Laredo Oil has entered into a Financial Advisory Agreement with Dawson James Securities. During the term of the agreement Dawson shall provide advice to and consult with the company concerning business […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Expanding Mineral Rights Acreage to Leverage Potential of Montana Property
May 18, 2022
Laredo Oil (OTC: LRDC) was recently granted a permit for planned drilling, starting with its first well, the Olfert 11-4, at a property located in the Western Williston Basin of Montana acquired by Laredo’s subsidiary, Lustre Oil Company LLC. A recent article quotes company CEO and Chair Mark See as saying, “Assuming successful economic results […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Capitalizing on Simplicity to De-Risk, Increase Production, Be Profitable
May 13, 2022
Laredo Oil (OTC: LRDC) CEO and Chair Mark See was a featured guest in a recent Bell2Bell Podcast episode in which he discussed Laredo’s management, focus and strategy. The company, which is led by executives and board members who have, on average, 30 to 40 years of experience in the oil and gas space, is […]
Laredo Oil Inc. (LRDC) Plans Drilling of First Well in Lustre Oil Field This Month
May 9, 2022
Plans moving forward to begin drilling this month Depending on drill production, drilling of next 10 wells will follow Reserve report estimates value of production to be $41 million Laredo Oil (OTC: LRDC) an exploration and production company specializing in conventional and enhanced oil recovery techniques targeting mature and declining oil fields, is one step […]
Laredo Oil Inc. (LRDC) CEO Talks Niche, Strategy in Bell2Bell Podcast
May 5, 2022
LRDC Exec Mark See discussed management, focus and strategy during recent podcast interview Short supply, increasing demand means simple business plan Laredo is acquiring assets that are “smaller but meaningful,” says CEO Laredo Oil (OTC: LRDC) chair and CEO Mark See was the featured guest in a recent Bell2Bell Podcast (https://ibn.fm/2e8xL). A seasoned veteran of […]
InvestorNewsBreaks – Laredo Oil Inc.’s (LRDC) Management Creating a Culture of Success
March 28, 2022
Laredo Oil’s (OTC: LRDC) management team boasts an impressive lineup of experienced veteran leaders, which is positive news amid revelations that strong executive leadership is a high priority for employees in the oil and gas industry. The latest Rigzone Ideal Employer Survey’s respondents ranked “strong executive leadership” fifth out of 23 attributes employees in this […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Looking to Contribute to Projected Increase in US Oil Production
March 16, 2022
Laredo Oil (OTC: LRDC) is in a strong position to benefit from the forecasted growth in domestic crude oil production. The U.S. Energy Information Agency (“EIA”), in its February 2022 Short-Term Energy Outlook (“STEO”), projected that crude oil prices will remain high enough to drive U.S. crude oil production to record-high levels in 2023, reaching […]
Laredo Oil Inc. (LRDC) Executive Team Bring Decades of Expertise, Insight to Growing Oil, Gas Production Company
March 14, 2022
Employer survey respondents rank “strong executive leadership” in top-five of key attributes they look for in ideal oil and gas employer Company’s executive team intrinsically shapes culture, performance of the broader business Laredo executives bring depth, breadth of experience to their various roles Strong executive leadership is a high priority for employees in the oil and […]
Laredo Oil Inc. (LRDC) Establishing Foothold in Domestic Crude-Oil Production Space, Continuously Increasing Montana Acreage Position
March 11, 2022
EIA projects that crude oil prices will remain high enough to drive U.S. crude oil production to record-high levels in 2023 The agency observed that crude oil prices have generally increased since April 2020 Laredo has historically leased 23,739 mineral acres in the Western Williston Basin of Montana The company recently purchased 2,361 additional mineral […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Receives Drilling Permit for Drilling Northeast Montana Project
March 10, 2022
Laredo Oil (OTC: LRDC), an exploration and production company specializing in conventional and enhanced oil recovery techniques targeting mature and declining oil fields, was granted a drilling permit to drill an initial well in the Lustre Oil Field. The Lustre project is in the Western Williston Basin of Montana. Specifically, the permit allows the Olfert […]
Laredo Oil Granted Drilling Permit for Lustre Oil Field Property in Northeast Montana
March 10, 2022
AUSTIN, Texas, March 10, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Laredo Oil, Inc. (“Laredo Oil”) (OTC Pink Sheets: LRDC) announces today it has been granted a drilling permit to drill its first well in the Lustre Oil Field, located in the Western Williston Basin of Montana. The well (Olfert 11-4) will be drilled with 80-acre spacing […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) CEO Discusses Strategic Business Model in Bell2Bell Podcast Interview
March 3, 2022
Laredo Oil (OTC: LRDC), an oil and gas exploration and production company, was featured in the Bell2Bell Podcast, a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Mark See, chairman and CEO of Laredo Oil, joined the latest episode to discuss the company’s business model and operations. “Our […]
IBN (InvestorBrandNetwork) Announces Latest Episode of The Bell2Bell Podcast Featuring Mark See, CEO of Laredo Oil Inc.
March 3, 2022
NEW YORK, March 03, 2022 (GLOBE NEWSWIRE) — via InvestorWire — IBN (InvestorBrandNetwork), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Bell2Bell Podcast delivers informative updates […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Eyes Field’s Potential on Heels of Favorable Report for First Identified Wells at Montana Asset
February 17, 2022
Laredo Oil (OTC: LRDC) is an oil and gas exploration and production (“E&P”) company focused on acquiring, developing and operating conventional oil and gas properties. During a recent down cycle, the company leased 23,739 mineral acres in the Western Williston Basin of Montana at favorable prices and continues to make progress toward developing the asset. […]
Laredo Oil Inc. (LRDC) Preparing to Capitalize in Surging Oil Market Following Promising Reserve Report for Western Williston Basin Properties
February 7, 2022
Laredo received a reserve report valuing a small portion of its subsidiary’s Western Williston Basin properties interests at $41 million of cumulative cash flow (discounted at 10%) CEO Mark See highlighted the report as confirmation of potential for the first 10 well package at the property in northeast Montana Oil price forecasts have risen sharply […]
InvestorNewsBreaks – Why Laredo Oil Inc. (LRDC) Is ‘One to Watch’
November 24, 2021
Laredo Oil (OTC: LRDC) is an Austin, Texas-headquartered oil and gas exploration and production (“E&P”) company. Its primary focus is on acquiring, developing and operating undervalued conventional oil and gas properties. Having leased 23,739 mineral acres in the Western Williston Basin of Montana, the company expects to drill the first development well at one of […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Engages IBN for Corporate Communications Expertise
November 17, 2021
Laredo Oil (OTC: LRDC), an oil and gas exploration and production company, today announced it has selected the corporate communications expertise of IBN (InvestorBrandNetwork), a multifaceted financial news and publishing company for private and public entities. As part of the client partner relationship, IBN will leverage its investor based distribution network of 5,000+ key syndication […]
IBN (InvestorBrandNetwork) Coverage Initiated for Laredo Oil Inc.
November 17, 2021
NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) — IBN (InvestorBrandNetwork) Coverage Initiated for Laredo Oil Inc. NEW YORK, November 17, 2021 (GLOBE NEWSWIRE) – via InvestorWire – Laredo Oil Inc. (OTC: LRDC), an oil and gas exploration and production company, today announces it has selected the corporate communications expertise of IBN (InvestorBrandNetwork), a multifaceted financial news and publishing company for private […]
InvestorNewsBreaks – Laredo Oil Inc. (LRDC) Eyes Expansion Potential for Lustre Oil Field Properties
November 12, 2021
Laredo Oil (OTC: LRDC) today announced its receipt of a reserve report from an independent petroleum engineering firm. The report estimates that interests of proved undeveloped, probable undeveloped and contingent reserves, and forecasts of economics attributable to certain properties in the Western Williston Basin of Montana for oil interests acquired by Lustre Oil Company LLC, […]
Laredo Oil Receives Reserve Report for Lustre Oil Field Properties in Northeast Montana
November 12, 2021
AUSTIN, Texas, Nov. 12, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Laredo Oil, Inc. (“Laredo Oil”) (OTC: LRDC) announces today it has received a reserve report from an independent petroleum engineering firm estimating that interests of proved undeveloped, probable undeveloped and contingent reserves, and forecasts of economics attributable to certain properties in the Western Williston Basin of […]
Laredo Oil Inc. (LRDC) Is ‘One to Watch’
November 2, 2021
Laredo Oil Inc. is an oil and gas E&P company engaged in acquiring, developing and operating both conventional oil and gas properties and select mature oil fields that are suitable for the use of the company’s proprietary EOR methods Regardless of the property, the company focuses on value, growth upside and free cash flow Laredo […]