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Laredo Oil, Inc.
- Market Cap
- Unavailable
- Price
- $0.73
- % Change (Daily % change from the live per-ticker quote feed.)
- +8.96%
- Volume
- 25.8K
About
Laredo Oil, Inc. functions as a petroleum exploration and production company, concentrating on acquiring and developing seasoned oil fields. The firm employs sophisticated methods to retrieve oil that was previously considered inaccessible from these sites. Originally known as Laredo Mining, Inc., the company adopted its current name, Laredo Oil, Inc., in October 2009. Established in 2008, its principal operations are based in Austin, Texas.
Quick stats
Shares outstanding—
Computed float37.2M
Float / sharesUnknown
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001442492
Websitehttps://www.laredo-oil.com
AI Summary
AI-generated26d agominorneutraloperations update
Laredo Oil Provides Update on International Business Development
Laredo Oil provided an update on its international business development, stating it has expanded engagement with senior government officials and national oil companies over the past year to advance its proprietary Underground Gravity Drainage technology.
The company is currently evaluating potential acquisitions, joint ventures, and strategic partnerships in regions including the Balkans, Southeastern Europe, and North and South America.
Management expressed encouragement regarding the progress made in these discussions but did not announce any specific agreements or material developments.
Red flags
- No signed agreements or concrete milestones announced in update; content is largely promotional