Laredo Petroleum Inc. (LPI) is a publicly-traded independent energy company that focuses on the exploration, development, and acquisition of oil and natural gas properties primarily in the Permian Basin of West Texas. The company was founded in 2006 and is headquartered in Tulsa, Oklahoma. Laredo's operations are focused on the development of the Permian Basin's Wolfcamp and Bone Spring plays, where it has approximately 130,000 net acres of land. The company's strategy is to increase production and reserves while maintaining low costs through the use of technology and operational efficiencies.
Laredo Petroleum Inc. (LPI) is a publicly-traded independent energy company that focuses on the exploration, development, and acquisition of oil and natural gas properties primarily in the Permian Basin of West Texas. The company was founded in 2006 and is headquartered in Tulsa, Oklahoma. Laredo's operations are focused on the development of the Permian Basin's Wolfcamp and Bone Spring plays, where it has approximately 130,000 net acres of land. The company's strategy is to increase production and reserves while maintaining low costs through the use of technology and operational efficiencies.