Yahoo · Oct 27, 2026
Laredo Oil Signs Second Letter of Intent to Deploy UGD in Argentina
Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced a non-binding letter of intent ("LOI") with an established Argentine oil and gas operator to evaluate the commercial deployment of Laredo's proprietary Underground Gravity Drainage ("UGD") technology in a hydrocarbon exploitation concession in Santa Cruz Province, Argentina. The concession is held by a third-party concession holder, and the operator holds its participating and operating rights under agreements applicable to

