Prix Laredo Oil Inc (LRDC)

Laredo Oil, Inc. is an oil exploration and production company, which engages in the acquisition of mature fields and the recovery of stranded oil. The company is headquartered in Austin, Texas and currently employs 5 full-time employees. The company went IPO on 2009-11-05. The firm is primarily engaged in acquisition and exploration efforts to find mineral reserves on various properties. The firm specializes in evaluating, acquiring, operating and developing oil and gas properties, as well as engaged in designing, drilling and producing conventional oil wells. The company has identified and acquired approximately 45,766 gross acres and 38,153 net acres of mineral property interests in the State of Montana.