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Thursday, March 25, 2021 1:05:08 AM
http://www.laredopetro.com/media/381250/lpi-4q-20-earnings-presentation.pdf
page 3, estimated to have
about 76% of 2021 oil
production hedged...
page 9,estimated to have
2021 oil production in a range
of 27,000 bbls to 29,000 bbls
per day, more or less...
LPI company website link...
http://www.laredopetro.com/operations/permian-basin.aspx
My quick estimate is that
LPI may have unhedged oil
production of between 4,600
bbls to 5,000 bbls per day
possibly, more or less, if
production targets are met...
Gravy of a large amount of
natural gas production and
NGL production is not in
oil production estimates...
And LPI strives to be environmentally
friendly and doesn't waste any
natural gas production...
So we watch...LJ
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