Moody's announces completion of a periodic review of ratings of Laredo Petroleum, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Laredo Petroleum, Inc.. Global Credit Research- 11 Sep 2020. New York, September 11, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Laredo Petroleum, Inc. and other ratings that are associated with the same analytical unit.Laredo Petroleum is an independent energy company focused on the acquisition, exploration and development of oil and natural gas properties, and midstream and marketing services, primarily in the Permian Basin of West Texas. The Permian Basin is comprised of several distinct geological provinces, including the Midland Basin to the east, the Delaware Basin to the west and the Central Platform in the middle. The company's primary development and production fairway is located on the east side of the Midland Basin, 35 miles east of Midland, TX. The company's acreage is contiguous in the neighboring Texas counties of Howard, Glasscock, Reagan, Sterling and Irion.
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