Press Releases
Laredo Petroleum announces second round of funding from Warburg Pincus
November 16, 2008The 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 MoreLaredo Petroleum Announces Second Round of Equity Financing of up to $300 Million from Warburg Pincus
November 10, 2008Laredo 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 MoreLaredo CEO on national energy policy: Drill
October 27, 2008Randy 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.
Foutch, Vincent: Energy industry has chance to make its case
August 01, 2008Oil 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 Drilling
June 03, 2008Linn 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 MoreRSU Announces Randy Foutch as Second Executive in Residence
March 14, 2008Rogers 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
2007 Energy Deal Showcase - Financial Transactions Case Studies
November 01, 2007A supplement to Oil and Gas Investor
Read MoreOilman Forms New Firm
July 31, 2007Veteran Tulsa oilman Randy Foutch is creating another locally based petroleum company that he says could employ 175 people in a few years.
Tulsa World
Laredo Petroleum Announces Formation and Funding of New Mid-Continent Oil and Gas Company
July 31, 2007Randy Foutch, Founder of Lariat Petroleum, Inc. and Latigo Petroleum, Inc., in third venture with investment firm Warburg Pincus.
Press Release
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