LAREDO PETROLEUM INC (LPI)

Company Profile

Laredo Petroleum, Inc. engages in the exploration, development and acquisition of oil and natural gas properties. The company is headquartered in Tulsa, Oklahoma and currently employs 273 full-time employees. The company went IPO on 2011-12-15. Its Permian activities are centered on the east side of the basin approximately 35 miles east of Midland, Texas in primarily Glasscock and Reagan Counties. The principal focus of its horizontal drilling activities is an oil play, including a liquids-rich natural gas component, which involves both the Wolfcamp (Upper, Middle, and Lower) and the Cline formations. Its secondary targets include the Spraberry, Canyon, Strawn and ABW intervals. The company has assembled approximately 166,064 net acres in the Permian Basin, all of which are held in 398 sections. Its acreage is contiguous in the neighboring Texas counties of Borden, Howard, Glasscock, Reagan, Sterling and Irion. The company has two subsidiaries, Laredo Midstream Services, LLC and Garden City Minerals, LLC. The company has exploration and production segment.

Company Info

LAREDO PETROLEUM INC

Suite 1800, 15 W. Sixth Street

Tulsa OKLAHOMA 74119

P: 19185134570.0

CEO: Jason Pigott

Employees: 273

Website: http://www.laredopetro.com/