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A&D - Laredo expands Glasscock position westward in $65MM bolt-on - December 2019



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Despite having announced what it called a transformational $130 million move into a Howard County, Texas, in November, Laredo Petroleum is not done growing its legacy Midland Basin position. The company has announced a bolt-on acquisition of 4,475 contiguous net acres (80% HBP) with net production of 1,400 boe/d (55% oil) west of its existing assets in Glasscock County. The $65 million deal, which closed Dec. 6, adds an anticipated 45 locations (35 net)......
 
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