The company, which recently established an office in Midland and is active in the Mid-Continent and Permian Basin, has just announced a second round of equity financing of up to $300 million with Warburg Pincus LLC, a global private equity firm. Warburg Pincus had made an initial $300 million equity financing commitment in July 2007 as Laredo was beginning operations.Read More
Laredo Petroleum Announces Second Round of Equity Financing of up to $300 Million from Warburg PincusNovember 10, 2008
Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum's senior management team.Read More
Randy Foutch offered a one-word answer for America's energy crisis: Drill.
"We just need to do a lot more of what we're doing," said the chairman and chief executive of Tulsa-based Laredo Petroleum, which is active in the Permian, Anadarko and Arkoma basins.
Oil and Gas Investor
By John A. Sullivan - News Editor
Linn Energy to Sell Verden Assets in Oklahoma to Laredo Petroleum for $185 Million; Retains the Option to Participate in Future DrillingJune 03, 2008
Linn Energy, LLC (Nasdaq: LINE) announced today that it has agreed to sell certain of its assets in the Verden area in Oklahoma to Laredo Petroleum, Inc. for cash consideration of $185 million, subject to closing adjustments.Read More
Rogers State University officials recently named Mr. Randy Foutch as the university's second Executive in Residence. Foutch has a long history in the energy industry and he is currently chairman, chief executive officer and president of Tulsa-based Laredo Petroleum.
RSU Press Release
A supplement to Oil and Gas InvestorRead More
Randy Foutch, Founder of Lariat Petroleum, Inc. and Latigo Petroleum, Inc., in third venture with investment firm Warburg Pincus.
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