Laredo Oil IncOOTC LRDC Stock Report

Laredo Oil, Inc. engages in the acquisition of mature oil fields and the recovery of stranded oil. The company is headquartered in Austin, Texas. The company went IPO on 2009-11-05. The firm is engaged in acquisition and exploration efforts for mineral properties. The firm is focused on acquiring, developing, and operating undervalued conventional oil and gas properties. The company has leased over 23,739 acres of mineral properties in the Western Williston Basin of Montana. The firm uses Underground Gravity Drainage (UGD) method to recover stranded oil reserves.