Laredo Oil Inc (LRDC)

[powerbattles]

Next earnings we will see revenue the Car Creek Properties.

Cat Creek entered into an Asset Purchase and Sale Agreement (the “Purchase Agreement”) with Carrell Oil Company (“Seller”) on July 1, 2020 for the purchase of the Cat Creek Properties from Seller. On September 21, 2020, upon resolving the purchase contingency under the Purchase Agreement, the Seller received consideration of $400,000, taking into effect certain adjustments resulting from pre- and post-effective date revenue, expense, and allocations.

8-k indicated Laredo acquired Cat Creek holding LLC.
https://www.sec.gov/Archives/edgar/data/1442492/000165495420007425/laredo_8k-18050.htm

CAT CREEK WEBSITE:
https://www.visitmt.com/places-to-go/cities-and-towns/cat-creek.html

Oh my goodness! WOW! 23 million barrels of oil have been produced in Cat Creek's 54-year history.

Cat Creek located east of Winnett was the site of Montana's first commercially successful oil strike in 1920. A pipeline was built to the railroad at Winnett. By 1975 the oil boom had diminished. It has been estimated that about 23 million barrels of oil have been produced in Cat Creek's 54-year history. Dryland farming and cattle ranching were main occupations of Cat Creek since its founding.

Cat Creek Holdings LLC click on link below roll down to see Wells Operated by Cat Creek Holdings LLC There are a lot of well shut in we can recovery the oil.

https://www.shalexp.com/cat-creek-holdings-llc

Cat Creek Unit 1 65 Well Details

http://www.drillingedge.com/montana/petroleum-county/wells/cat-creek-unit-1-65/25-069-21072

Ihde 3 Well Details

http://www.drillingedge.com/montana/petroleum-county/wells/ihde-3/25-069-60113


Cat Creek, MontanaFrom Wikipedia

An estimated 24 million barrels of oil have been produced from 150 oil wells in Cat Creek's 54-year petroleum production history

https://en.wikipedia.org/wiki/Cat_Creek,_Montana