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Laredo Oil signs second Argentina LOI within 30 days

Tue, 27 Oct 2026 09:16:06 -0400

Laredo Oil, Inc. (OTC: LRDC) announced a second non-binding letter of intent with an Argentine oil and gas operator to evaluate the deployment of its proprietary Underground Gravity Drainage (UGD) technology in a hydrocarbon concession in Santa Cruz Province, Argentina.

The announcement follows a first LOI disclosed on September 22, 2026, making it two such agreements within 30 days. The identity of the operator and the specific concession are withheld under confidentiality provisions.

Under the proposed structure, the operator retains its concession and operating rights while Laredo acts as exclusive UGD contractor, funding capital and operating expenditures and recovering its investment through

Laredo Oil Signs Second Letter of Intent to Deploy UGD in Argentina

Tue, 27 Oct 2026 09:15:00 -0400

Second LOI targets a concession in Santa Cruz Province; similar commercial framework now in place across two operators

AUSTIN, Texas, Oct. 27, 2026 /PRNewswire/ -- Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced a non-binding letter of intent ("LOI") with an established Argentine oil and gas operator to evaluate the commercial deployment of Laredo's

Laredo Oil Signs Second Letter of Intent to Deploy UGD in Argentina

Tue, 27 Oct 2026 09:15:00 -0400

Second LOI targets a concession in Santa Cruz Province; similar commercial framework now in place across two operators

Laredo Oil Meets with Governor of Santa Cruz Province, Argentina, to Advance UGD Program for Mature Oil Fields

Tue, 20 Oct 2026 12:31:00 -0400

Second meeting with Governor Claudio Vidal; Province and Company agree to maintain an ongoing dialogue as Laredo advances evaluation work on its Santa Cruz opportunities

AUSTIN, Texas, Oct. 20, 2026 /PRNewswire/ -- Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced that earlier in the month, Mark

Laredo Oil Meets with Governor of Santa Cruz Province, Argentina, to Advance UGD Program for Mature Oil Fields

Tue, 20 Oct 2026 12:31:00 -0400

Second meeting with Governor Claudio Vidal; Province and Company agree to maintain an ongoing dialogue as Laredo advances evaluation work on its Santa Cruz opportunities

AUSTIN, Texas, Oct. 20, 2026 /PRNewswire/ -- Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced that earlier in the month, Mark

Form 10-Q Laredo Oil, Inc. For: Aug 31

Thu, 15 Oct 2026 16:12:00 -0400

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Form 10-K/A Laredo Oil, Inc. For: May 31

Wed, 30 Sep 2026 06:02:00 -0400

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Laredo Oil signs non-binding LOI for Argentina oil field deployment

Tue, 22 Sep 2026 09:15:40 -0400

Laredo Oil, Inc. (OTC: LRDC) announced it has signed a non-binding Letter of Intent with an unnamed Argentine oil operator for the potential commercial deployment of its proprietary Underground Gravity Drainage technology, known as UGD, across selected oil fields in Argentina.

According to the company's press release, the agreement outlines a structured evaluation process covering technical, legal, financial, and operational reviews, including a Front-End Engineering and Design phase. If results are satisfactory, Laredo would finance and deploy UGD facilities through a dedicated Argentine operating entity, recovering its investment from incremental production attributable to the technology.

The LOI includes a 180-day exclusivity period

Laredo Oil Signs First Non-Binding Letter of Intent (LOI) for Commercial Deployment of UGD in Argentina

Tue, 22 Sep 2026 09:14:00 -0400

AUSTIN, Texas, Sept. 22, 2026 /PRNewswire/ -- Laredo Oil, Inc. (OTC: LRDC) ("Laredo" or the "Company") today announced that it has signed a non-binding Letter of Intent ("LOI") with an established Argentine oil operator for the potential commercial deployment of Laredo's proprietary Underground Gravity Drainage technology ("UGD") across selected oil fields in Argentina.

The LOI marks Laredo's

Laredo Oil Signs First Non-Binding Letter of Intent (LOI) for Commercial Deployment of UGD in Argentina

Tue, 22 Sep 2026 09:14:00 -0400

The LOI marks Laredo's

Form 10-K Laredo Oil, Inc. For: May 31

Mon, 14 Sep 2026 17:28:00 -0400

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Laredo Oil pursues international deals for its UGD technology

Tue, 28 Jul 2026 09:25:40 -0400

Laredo Oil, Inc. (OTC: LRDC) said it has been engaging with government officials, national oil companies, and industry leaders over the past 12 months to advance commercialization of its proprietary Underground Gravity Drainage (UGD) technology.

According to a press release, the Austin, Texas-based company is currently pursuing opportunities in the Balkans, Southeastern Europe, and North and South America. The efforts center on evaluating acquisitions, joint ventures, strategic partnerships, and technology deployment in mature oil fields.

"These discussions have provided the opportunity to demonstrate the value of our Underground Gravity Drainage technology while exploring acquisitions, joint ventures, and strategic partnerships," said Mark See,

Laredo Oil Provides Update on International Business Development