Laredo Oil Stock Price, News & Analysis

Laredo Oil, Inc. (LRDC) is an oil exploration and production company in the crude petroleum and natural gas extraction industry. According to recent company disclosures, Laredo Oil focuses on developing and producing oil from mature fields and mineral rights positions, while also advancing a proprietary enhanced oil recovery technology called Underground Gravity Drainage™ (UGD). The company’s common stock trades on the OTC Pink Sheets under the symbol LRDC.

Laredo Oil describes itself as an Austin-based energy innovation company that specializes in the development of stranded oil reserves through its proprietary UGD technology. The company states that its mission is to restore American energy independence and maximize asset recovery through science-driven methods. In its communications, Laredo Oil emphasizes that oil remains an important energy source for the domestic and global economy and that it plans to capitalize on anticipated long-term demand.

Business focus and operations

Laredo Oil identifies as an oil exploration and production company with mineral rights and field interests in Montana. The company reports holding over 30,000 net acres of mineral rights in the West Fork prospect area located north of the Fort Peck reservation in Montana. It also references operations and prospects in the Midfork and Lustre fields in Valley County, Montana, where it is involved in drilling, development, and production activities through wholly owned subsidiaries and partnerships.

The company has highlighted several operational milestones in Montana. Through its subsidiary Hell Creek Crude, LLC (HCC), Laredo Oil has planned and drilled production wells in the Midfork field, including the Reddig 11-21 well. Company statements describe encountering oil shows in multiple zones in this well and progressing toward production. Laredo Oil has also coordinated drilling and development activities with Texakoma Exploration & Production Company in the Lustre field.

Underground Gravity Drainage (UGD) technology

A central element of Laredo Oil’s strategy is its proprietary Underground Gravity Drainage (UGD) method. The company states that it intends to acquire select mature oil fields where it can deploy UGD to recover stranded oil reserves that were previously considered not economically recoverable. Management describes these fields as undervalued and believes that the UGD method may make them highly productive.

According to Laredo Oil, the UGD method has been under research, development, and field testing for more than a decade. The company reports that it is ready to commercialize this technology to tap into stranded oil in mature, underutilized reservoirs across the United States and globally. Management believes that the costs of implementing UGD are significantly lower than those of other conventional enhanced oil recovery methods and anticipates that the method can materially increase field oil production rates from prior periods in suitable reservoirs.

Montana mineral rights and field development

Laredo Oil’s recent announcements describe a focus on developing its mineral rights in northwestern Montana. The company reports that its West Fork prospect area, located north of the Fort Peck reservation, may hold oil reserves that it believes could be comparable in potential to the Lustre field, a field that has a long production history. To advance this opportunity, Laredo Oil has initiated preparations to drill exploratory wells in the West Fork field and has raised capital to fund these activities, including acquiring seismic data, selecting drilling locations, filing for permits, and securing vendors for drilling functions.

In the Midfork field in Valley County, Montana, Laredo Oil, through Hell Creek Crude, has drilled the Reddig 11-21 well and reported encountering viable zones, including the Charles C and Nisku zones. The company has described plans to produce from one zone first and then further assess development of the other zone. These activities are presented by Laredo Oil as evidence of the potential value of its Montana mineral rights.

Salt-water disposal infrastructure

Laredo Oil has also emphasized the importance of salt-water disposal (SWD) capacity for its operations and those of its partners. Through its wholly owned subsidiary Lustre Oil Company, LLC, the company reports acquiring the Cranston SWD well and two additional shut-in wells in Valley County, Montana, which it plans to convert into SWD wells. The company states that gaining access to the Cranston SWD well provides an economic way to dispose of salt water encountered in recently drilled wells and removes a significant roadblock to ramping up field production in the near term.

The Cranston SWD well has been described as operational, with Laredo Oil indicating that it has completed disposal and facility upgrades and obtained necessary permits and administrative approvals. The company notes that this infrastructure supports production from its Reddig 11-21 well in the Midfork field and provides water disposal capacity for wells in the Lustre field operated by Texakoma, as well as for additional drilling programs planned by Texakoma and Lustre.

Capital raising and financing activities

Laredo Oil has disclosed several private financing transactions intended to support its drilling, development, and technology deployment plans. The company announced the sale of subordinated promissory notes and warrants under a Note and Warrant Purchase Agreement, with the capacity to issue up to a specified principal amount of notes and associated warrants. The stated primary use of proceeds is to support costs associated with potential UGD transactions and related activities.

In a separate transaction, Laredo Oil reported selling unregistered shares of common stock to accredited investors in private offerings exempt from registration under the Securities Act of 1933. The company notes that no finder’s fees were paid in connection with these sales and that the proceeds are intended to support development of its mineral rights in northwestern Montana, including putting certain wells into production following the opening of the Cranston SWD well.

Regulatory filings and reporting

Laredo Oil, Inc. files reports with the U.S. Securities and Exchange Commission. The company has submitted notifications of late filing on Form 12b-25 in connection with certain periodic reports, including a Quarterly Report on Form 10-Q for a period ended in November 2025. In these notifications, Laredo Oil explains that the compilation, dissemination, and review of required information imposed time constraints that made timely filing impracticable without undue hardship and expense. The company states in these filings that it intends to file the subject reports within the permitted extension period.

The company’s principal executive offices are identified in SEC filings as being located in Austin, Texas. Laredo Oil indicates that it has filed all other required periodic reports during the relevant periods referenced in its Form 12b-25 submissions.

Position within the energy sector

Laredo Oil operates within the mining, quarrying, and oil and gas extraction sector, with a focus on crude petroleum and natural gas extraction. Its public statements highlight a dual emphasis: conventional exploration and production activities in onshore U.S. fields, particularly in Montana, and the development and potential commercialization of its proprietary UGD enhanced oil recovery technology. The company portrays stranded oil in mature reservoirs as a substantial energy opportunity and positions its technology and field development efforts as a way to access these resources.

FAQs about Laredo Oil, Inc. (LRDC)

• What does Laredo Oil, Inc. do?
  Laredo Oil, Inc. is an oil exploration and production company that focuses on crude petroleum and natural gas extraction. It reports holding mineral rights in Montana and is developing oil fields while also advancing a proprietary Underground Gravity Drainage (UGD) technology aimed at recovering stranded oil reserves in mature fields.
• Where is Laredo Oil, Inc. based?
  According to its SEC filings and press releases, Laredo Oil, Inc. is based in Austin, Texas, where its principal executive offices are located.
• What is Underground Gravity Drainage (UGD)?
  Underground Gravity Drainage (UGD) is Laredo Oil’s proprietary enhanced oil recovery method. The company describes UGD as a technology developed over more than a decade of research, development, and field testing, intended to recover stranded oil reserves in mature, underutilized reservoirs that were previously considered not economically recoverable.
• How does Laredo Oil plan to use its UGD technology?
  Laredo Oil states that it plans to acquire select mature oil fields where it can deploy its UGD method to potentially recover stranded oil reserves. The company believes that these fields are undervalued and that applying UGD may make them highly productive, with implementation costs that management believes are significantly lower than those of other conventional enhanced oil recovery methods.
• What assets does Laredo Oil have in Montana?
  The company reports holding over 30,000 net acres of mineral rights in the West Fork prospect area located north of the Fort Peck reservation in Montana. It also references activities in the Midfork and Lustre fields in Valley County, Montana, including drilling and development of production wells through its subsidiaries and in coordination with partners.
• What is the significance of the Cranston salt-water disposal well?
  Laredo Oil, through its subsidiary Lustre Oil Company, LLC, has acquired the Cranston salt-water disposal (SWD) well and additional shut-in wells in Valley County, Montana. The company states that making the Cranston SWD well operational removes a significant roadblock to ramping up field production by providing an economic way to dispose of salt water from recently drilled wells and by supporting drilling programs for both Laredo Oil and its partner Texakoma.
• How is Laredo Oil funding its projects?
  Laredo Oil has disclosed raising capital through private offerings of subordinated promissory notes with warrants and through sales of unregistered common shares to accredited investors. The company indicates that proceeds are used to support costs associated with potential UGD transactions and the development of its Montana mineral rights, including drilling and putting wells into production.
• On which market does LRDC trade?
  Laredo Oil, Inc.’s common stock trades on the OTC Pink Sheets under the ticker symbol LRDC.
• Is Laredo Oil current in its SEC reporting?
  Laredo Oil has filed notifications of late filing on Form 12b-25 for certain periodic reports, explaining that time constraints made timely filing impracticable without undue hardship and expense. In these filings, the company states that it intends to file the affected reports within the allowed extension period and indicates that all other required periodic reports during the referenced periods have been filed.
• What is Laredo Oil’s stated mission in the energy sector?
  In its public statements, Laredo Oil describes its mission as restoring American energy independence and maximizing asset recovery through science-driven methods, with a focus on developing stranded oil reserves using its proprietary UGD technology.