June 25, 2018 2:11 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Laramie Energy II, LLC

Company Overview

Laramie Energy II, LLC engages in finding and developing natural gas reserves from unconventional gas reservoirs within the U.S. Rockies. It conducts an acquisition and development program within the Piceance Basin of Western Colorado. The company was formerly known as Laramie Energy, LLC and changed its name to Laramie Energy II, LLC in June 2007. Laramie Energy II, LLC was founded in 2004 and is based in Denver, Colorado.

1401 Seventeenth Street

Suite 1400

Denver, CO 80202

United States

Founded in 2004





Key Executives for Laramie Energy II, LLC

Co-Founder, Chairman and Chief Executive Officer
Age: 68
Co-Founder, President and Chief Financial Officer
Chief Operating Officer and Executive Vice President
Vice President of Land
Compensation as of Fiscal Year 2017.

Laramie Energy II, LLC Key Developments

Laramie Energy, LLC Reports Earnings Results for the Second Quarter Ended June 30, 2017; Provides Production Guidance for the Year 2017

Laramie Energy, LLC reported earnings results for the second quarter ended June 30, 2017. For the quarter, the company reported equity earnings from Laramie Energy, LLC in the second quarter of 2017 were $2.4 million, compared to equity losses of $16.9 million in the second quarter of 2016. Second quarter 2017 earnings attributable to Par Pacific's 42.3% ownership interest in Laramie included $3.7 million in unrealized gains on derivative instruments and $5.3 million in depreciation, depletion and amortization expense. During the quarter Laramie generated net income of $2.4 million and a loss from operations of $1.5 million. Laramie generated approximately $12 million in EBITDAX for the second quarter, spent approximately $25 million in capex leaving a revolver balance of $131 million as of June 30, 2017. For the year, the company expects exiting 2017 with production between 160 million and 170 million cubic feet a day equivalent within the range of company's prior expectations.

Laramie Energy II, LLC Presents at EnerCom Oil & Gas Conference, Aug-16-2017 01:30 PM

Laramie Energy II, LLC Presents at EnerCom Oil & Gas Conference, Aug-16-2017 01:30 PM. Venue: Westin Denver Downtown, Denver, Colorado, United States.

Laramie Energy II, LLC Presents at EnerCom's The Oil & Gas Conference 2016, Aug-18-2016 11:00 AM

Laramie Energy II, LLC Presents at EnerCom's The Oil & Gas Conference 2016, Aug-18-2016 11:00 AM. Venue: Westin Denver Downtown Hotel, Denver, Colorado, United States. Speakers: Robert Stephen Boswell, Co-Founder, Chairman and Chief Executive Officer.

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Recent Private Companies Transactions

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