Statement of Laredo CEO Randy Foutch on the Harvard Business School's Energy Symposium 2009 - 'Accelerating the Future of Energy'
CAMBRIDGE, Mass., Oct. 19/PRNewswire-USNewswire/ -- On Saturday,
CEO Randy Foutch of Laredo - a member company of America's Natural
Gas Alliance - issued the following statement at the Harvard
Business School's Energy Symposium 2009 titled, "Accelerating the
Future of Energy:"
"I am honored to be speaking at Harvard Business School's Energy
Symposium about the benefits of abundant, clean American natural
gas. As our country's leaders debate our energy future and how to
best reduce carbon emissions, America's natural gas industry is
ready to take on these challenges in both the electricity and
transportation sectors. Thanks to new technologies, the U.S. has a
more than 100-year supply of abundant natural gas, which will power
America through the remainder of this century and well into the
next."
"Natural gas - the cleanest fossil fuel and a highly efficient form
of energy - will not only help lower carbon emissions, but can
create American jobs and stimulate the economy. The industry
currently employs three million Americans and added $385 billion to
the U.S. economy last year alone. As we move further into the 21st
century, Laredo and the natural gas industry look forward to
employing many more Americans, reducing America's carbon footprint,
and enhancing our nation's energy security."
Laredo Petroleum, Inc. is an
exploration and production company with headquarters in Tulsa,
Oklahoma. Laredo's strategy is to make strategic acquisitions and
participate in drilling joint ventures having upside potential in
the targeted area of the Mid-Continent and Permian Basin Regions of
the United States. Laredo actively seeks and evaluates acquisition
opportunities where the Company can create value through
operational improvements, gathering system expansion, development
drilling, and exploration upside on and around the acquired
properties. For more information, please visit www.laredopetro.com.
America's Natural Gas Alliance (ANGA) represents
28 of the nation's leading independent natural gas exploration and
production companies. ANGA members are dedicated to increasing the
appreciation of the environmental, economic and national security
benefits of clean, abundant, American natural gas. Learn more about
ANGA at www.anga.us.
SOURCE America's Natural Gas Alliance