OTC · LRDC
Energy · Oil & Gas Exploration & Production
$0.50
Up+$0.05 (+11.09%)
Updated Oct 10, 2026, 1:00 AM
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LAREDO OIL INC
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Yahoo · Sep 22, 2026
Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced that it has signed a non-binding Letter of Intent ("LOI") with an established Argentine oil operator for the potential commercial deployment of Laredo's proprietary Underground Gravity Drainage technology ("UGD") across selected oil fields in Argentina.
Benzinga · Jul 31, 2025
Laredo Oil plans to commercialize its Underground Gravity Drainage (UGD) technology to recover stranded oil reserves in mature oil fields, potentially increasing production up to ten times at a significantly lower cost.
Benzinga · Jun 24, 2025
Laredo Oil, an oil exploration and production company, has raised $1,132,200 through the sale of subordinated promissory notes and warrants. The company plans to use the proceeds to support costs associated with potential UGD (enhanced oil recovery) transactions.
Benzinga · Jan 21, 2025
Laredo Oil announced that its Cranston Saltwater Disposal well is now operational, providing a cost-effective water disposal solution to support its and Texakoma's drilling programs in the West Fork Prospect Area in Montana.
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