Oil, Gas and Consumable Fuels
Company Overview of Laredo Petroleum, Inc.
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
Tulsa, OK 74119
Founded in 2006
Key Executives for Laredo Petroleum, Inc.
Founder, Chairman and Chief Executive Officer
President, Chief Operating Officer and Director
Chief Financial Officer and Executive Vice President
Senior Vice President of Exploration & Land
Chief Accounting Officer, Vice President and Controller
Compensation as of Fiscal Year 2014.
Laredo Petroleum, Inc. Key Developments
Laredo Petroleum Closes Farmers Branch Office, Cuts Jobs
Jan 20 15
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
Sep 26 13
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
May 30 13
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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