# Laredo Oil

Laredo Oil is an Asset Manager based in Austin, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Austin, United States
- **Region:** North America
- **Address:** Austin, TX, United States
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** laredo-oil.com

## Regulatory record

- **Reports private funds:** No

## About

Laredo Oil is a publicly traded oil and gas exploration and production company founded in 2008 in Austin, Texas. It acquires and develops mature conventional oil fields using Enhanced Oil Recovery methods. The company focuses on production from previously stranded reserves.

## Sectors

- Energy Transition & Renewables
- Infrastructure

## People

- Mark See — Chairman and CEO

## Questions

### How does Laredo Oil source proprietary deal flow?

Laredo targets mature oil fields with significant remaining oil in place — fields that have been conventionally produced for decades but still contain an estimated 78% of original oil. The firm uses proprietary simulation and screening software, in which it has invested $51 million, to evaluate oil fields globally and select optimal UGD targets (per the firm, 2024).

### Does Laredo Oil participate in fund commitments or only direct deals?

Laredo Oil operates as a direct E&P company, not a fund manager. It finances its drilling programs through operating cash flow and investor participations. In January 2024, the firm entered a participation agreement with accredited investors to fund a development well in Montana.

## Related profiles

- [Pro Food Solutions](https://altss.com/profile/pro-food-solutions)
- [Bright International Corp.](https://altss.com/profile/bright-international-corp)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/laredo-oil

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology