Laredo Petroleum, Inc. functions as an independent energy enterprise, primarily engaged in the procurement, exploration, and advancement of oil and natural gas assets situated in the Permian Basin of West Texas, U.S.A. The company markets crude oil, natural gas liquids, and natural gas. By December 31, 2021, Laredo had accumulated a net acreage of 166,064 within the Permian Basin, in addition to possessing 86,592 thousand barrels of oil equivalent in proved but undeveloped reserves. Founded in 2006, the firm was initially known as Laredo Petroleum Holdings, Inc., adopting its current designation in December 2013. Its corporate headquarters are located in Tulsa, Oklahoma.
