ESGBreaks – Laredo Oil Inc. (LRDC) Expanding Mineral Rights Acreage to Leverage Potential of Montana Property
Laredo Oil (OTC: LRDC) was recently granted a permit for planned drilling, starting with its first well, the Olfert 11-4, at a property located in the Western Williston Basin of Montana acquired by Laredo’s subsidiary, Lustre Oil Company LLC. A recent article quotes company CEO and Chair Mark See as saying, “Assuming successful economic results from the completion of the first well, we intend to proceed to drill the next ten wells, contingent upon successful completion of the fundraising efforts currently underway… And we are continuing to expand our mineral rights acreage portfolio in Montana to more fully realize the…
