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Laredo Oil, Inc. is an oil exploration and production company focused on acquiring and developing mature oil fields. It utilizes proprietary underground gravity drainage (UGD) enhanced recovery methods to recover stranded oil efficiently and cost-effectively. The company operates in the U.S. and globally, managing mineral rights, conventional wells, and strategic partnerships to optimize oil recovery and field development.
This description was generated via AI from an annual report. Updated about 1 year ago.