Laredo Petroleum Tacks On Midland Basin Acreage With Bolt-On Acquisition

Transaction Type

Sellers

Buyers

Laredo Petroleum Inc.

Basin

Permian Basin; Midland Basin

Announce Date

Wed, 02/12/2020 - 12:00 PM

Post Date

Feb 12, 2020

Close Date

Wed, 02/12/2020 - 12:00 PM

Estimated Price

23MM

Description

Purchased 1,100 net acres as a bolt-on to its Howard County, TX, position in the Permian's Midland Basin.