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PS - Laredo Petroleum Highlights - January 8, 2020

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Laredo Petroleum grew its YE19 proved reserves by 55 MMboe YOY, or 23%, to 293 MMboe, partially driven by results from wells developed with wider spacing versus 2018 wells with tighter spacing. PUD reserves increased as well, primarily due to the company’s acquisition of acreage in Howard County, Texas. Full-year 2019 production exceeded guidance and increased 19% YOY at 80,900 boe/d (35%......
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