Laredo Oil Announces Permit Issuance for Midfork Well
LAREDO OIL INC (LRDC)
NASDAQ:AMEX Investor Relations:
investor.laredopetro.com
Company Research
Source: PR Newswire
AUSTIN, Texas, April 30, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that the State of Montana issued to Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), a permit to drill the Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells planned to be drilled and operated by HCC in the Midfork field. According to Mark See, Chairman and CEO of Laredo Oil, "This permit issuance now allows HCC to quickly move ahead with developing what we expect to be multiple wells in the Midfork area. We are coordinating with Texakoma Exploration and Production, LLC on their continuing drilling program in the Lustre field for drill rig schedule and mobilization to achieve lower drilling costs. The expectation is that the Reddig 11-21 well will spud in early June of 2024 and be in production by mid-summer."About Laredo Oil Inc.Laredo Oil, Inc. (www.laredo-oil.com) is an oil exp
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News
- Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development Agreement [Yahoo! Finance]Yahoo! Finance
- Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development AgreementPR Newswire
- Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLC [Yahoo! Finance]Yahoo! Finance
- Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLCPR Newswire
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- 4/19/24 - Form 10-Q
- 4/15/24 - Form NT
- LRDC's page on the SEC website