Laredo Oil Inc (LRDC)

[CashCowMoo]

From yesterdays report: Item 2. Properties

In May 2022, our subsidiary, Lustre Oil Company, began drilling an exploratory well, Olfert #11-4, in the Lustre oil field located in northeastern Montana. As of the filing of this report, the well has not been completed and put into production. As a result of the uncertainty of successful well completion and of future funding availability to develop acquired mineral rights, we are not providing disclosures of proved reserves until we have updated reserve reports.



A well drilled in May has not been completed? Sounds like a T/A well.