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March 27, 2015 3:34 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Laredo Petroleum, Inc.

Company Overview

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the exploration, development, and acquisition of oil and natural gas properties primarily in the Permian basin in West Texas. The company was founded in 2006 and is headquartered in Tulsa, Oklahoma.

15 West Sixth Street

Suite 900

Tulsa, OK 74119

United States

Founded in 2006





Key Executives for Laredo Petroleum, Inc.

Founder, Chairman and Chief Executive Officer
Age: 62
President, Chief Operating Officer and Director
Age: 52
Chief Financial Officer and Executive Vice President
Age: 59
Senior Vice President of Exploration & Land
Age: 62
Chief Accounting Officer, Vice President and Controller
Age: 38
Compensation as of Fiscal Year 2014.

Laredo Petroleum, Inc. Key Developments

Laredo Petroleum Closes Farmers Branch Office, Cuts Jobs

Laredo Petroleum closed its Farmers Branch office, cutting 36 jobs. The closure of the office at 1503 LBJ Freeway Suite 300 in Farmers Branch is permanent as of Jan. 20, 2015. The cut represents 20% of Tulsa, Oklahoma-based Laredo's workforce. Some employees will be offered the chance to relocate to the Tulsa or Midland offices.

Laredo Petroleum, Inc. Presents at Bank of America Merrill Lynch 2013 Leveraged Finance Conference, Dec-04-2013 10:10 AM

Laredo Petroleum, Inc. Presents at Bank of America Merrill Lynch 2013 Leveraged Finance Conference, Dec-04-2013 10:10 AM. Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, Florida, United States. Speakers: Richard C. Buterbaugh, Chief Financial Officer, Chief Accounting Officer and Executive Vice President.

Laredo Petroleum, Inc. Enters into the Sixth Amendment to the Third Amended and Restated Credit Agreement

Laredo Petroleum, Inc. entered into the Sixth Amendment to the Third Amended and Restated Credit Agreement among the Borrower, Wells Fargo Bank, N.A., as administrative agent, the guarantors signatory thereto, including the Company, and the banks signatory thereto. Pursuant to the Sixth Amendment, among other things, the Borrower's borrowing base was increased from $825 million to $1 billion. Following the closing of the Borrower's previously announced divestment of its Anadarko Basin assets, which is expected to occur during the third quarter of 2013, the borrowing base will be automatically reduced to $825 million.

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