OTC Markets OTCPK - Delayed Quote • USD Laredo Oil, Inc. (LRDC) Follow Compare 0.3900 +0.0740 +(23.42%) At close: January 31 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Laredo Oil Announces Cranston Saltwater Disposal Well is Operational Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork Prospect Area located north of the Fort Peck reservation in Montana, today announces that the Cranston Salt Water Disposal ("SWD") well is operational. Laredo Oil Initiates Exploratory Drilling Project in Montana West Fork Field Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork field located north of the Fort Peck reservation in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field. Laredo Oil Raises $750,000 in Private Offering of Unregistered Common Shares Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights located north of the Fort Peck reservation in Montana has sold since the end of its fiscal year ended May 31, 2024, 1,695,349 shares of common stock (the "Shares") to accredited investors at an average price of $0.4424 per share for gross proceeds of $750,000. There was no finder's fee related to the sale of the shares. The Shares have not been registere Laredo Oil Gains Access to Salt-Water Disposal Wells Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Lustre Oil Company, LLC, a wholly-owned subsidiary of Laredo Oil ("Lustre"), has acquired the Cranston salt-water disposal ("SWD") well, and two additional shut-in wells that Lustre will convert into SWD wells, all located in Valley County, Montana. Laredo Oil Preparing Midfork Well for Production Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), has elected to perforate the casing within the Charles C zone of its recently drilled Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells HCC plans to drill and operate in the Midfork field. Laredo Oil Announces Discovery of Oil Shows at Midfork Well Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), has reached total drilling depth and encountered oil shows in three zones of the Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells planned to be drilled and operated by HCC in the Midfork field. Laredo Oil Commences Drilling Midfork Well Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), commenced drilling the Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells planned to be drilled and operated by HCC in the Midfork field. Laredo Oil Announces Permit Issuance for Midfork Well Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that the State of Montana issued to Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), a permit to drill the Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells planned to be drilled and operated by HCC in the Midfork field. Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development Agreement Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Texakoma Exploration and Production, LLC ("Texakoma") exercised its option to drill the next eight wells under its agreement with Lustre Oil Company, LLC, a wholly-owned subsidiary of Laredo Oil ("Lustre"), and Erehwon Oil & Gas, LLC ("Erehwon") to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana (the "Contract Area"). After these eight wells are developed, Texakoma can continue t Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLC Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Lustre Oil Company LLC ("Lustre"), a wholly owned subsidiary of the Company, has entered into a mutually agreeable Settlement Agreement between Lustre, Erehwon Oil & Gas, LLC ("Erehwon"), and A&S Minerals Development Company, LLC ("ASMD"), (the "Settlement Agreement"). The confidential Settlement Agreement contains an undisclosed cash amount and settles the quiet title dispute be Performance Overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return LRDC S&P 500 YTD +25.81% +2.26% 1-Year +62.50% +22.65% 3-Year +550.00% +36.30%