Laredo Oil Announces Discovery of Oil Shows at Midfork Well
Laredo Oil Announces Discovery of Oil Shows at Midfork Well
AUSTIN, Texas, July 3, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), has reached total drilling depth and encountered oil shows in three zones of the Reddig 11-21 well in the Midfork field located in Valley County, Montana. This well is the first of three production wells planned to be drilled and operated by HCC in the Midfork field.
2024年7月3日,德克萨斯州奥斯汀/美通社Laredo Oil股份有限公司("Laredo Oil") (OTC Pink Sheets: LRDC)Laredo Oil的全资子公司Hell Creek Crude(“HCC”)宣布,在蒙大拿州谷县Midfork油田的Reddig 11-21井中达到了全井深并在3个地层发现了石油显示。该井是HCC计划在Midfork油田钻探和运营的三口生产井中的第一口。
According to Mark See, Chairman and CEO of Laredo Oil, "We are elated with our progress and expect to have the well ready for production in three to four weeks. Once the well is producing, we will begin planning the next two wells we expect to drill and operate in the Midfork field."
根据Laredo Oil的董事长兼首席执行官Mark See的说法:“我们对进展感到非常高兴,并预计在3至4周内准备好井口进行生产。一旦这口井开始生产,我们将开始规划我们计划在Midfork油田钻探和运营的下两口井。”
About Laredo Oil Inc.
Laredo Oil, Inc. () is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering "stranded" oil using enhanced recovery methods. Laredo Oil's common stock is listed on the Pink Sheets under the symbol, "LRDC."
关于Laredo Oil股份有限公司。
Laredo Oil股份有限公司()主要从事矿产物地产的收购和勘探工作。除了在选定的油田进行常规油藏开采方法之外,Laredo Oil计划寻找并收购成熟的油田,以使用增强采油方法恢复"被困"的油。 Laredo Oil的普通股在粉红色股票上市,股票代码为"LRDC"。
Forward-Looking Statements
前瞻性声明
This press release and the statements made by Laredo Oil in this press release may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements describe Laredo Oil's future plans, projections, strategies, and expectations, and may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These forward-looking statements are based on assumptions and involve a number of risks, uncertainties, situations and other factors that may cause our or our industry's actual results, level of activity, performance or achievements to be materially different from any future results expressed or implied by these statements. These factors include changes in interest rates, market competition, changes in the local and national economies, and various other factors detailed from time to time in Laredo Oil's SEC reports and filings, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Laredo Oil undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
本新闻稿以及Laredo Oil在本新闻稿中所做的声明可能具有前瞻性,并根据1995年《私人证券诉讼改革法案》的安全港规定进行。这些前瞻性陈述描述了Laredo Oil的未来计划、预测、策略和期望,并可通过"预计"、"预测"、"意图"、"计划"、"相信"、"寻求"、"估计"或类似含义的词语进行识别。这些前瞻性陈述基于一些假设,并涉及一些风险、不确定因素和其他因素,这些都有可能导致我们或我们行业的实际结果、活动水平、表现或业绩与这些声明所预示的任何未来结果存在实质性差异。这些因素包括利率的变化、市场竞争、当地和国家经济的变化以及Laredo Oil的SEC报告和提交文件中不时详细说明的各种其他因素,包括其10-K年度报告、10-Q季度报告和8-K当前报告。Laredo Oil不承担更新任何前瞻性陈述以反映此后发生的新信息、事件或情况来反映非预期事件的义务。
SOURCE Laredo Oil, Inc.
消息来源:Laredo Oil股份有限公司。