Laredo Oil signs LOI with Argentine operator for potential UGD deployment

Bitget2026/09/22 13:14

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Laredo Oil signed a non-binding LOI with an Argentine oil operator for potential commercial deployment of its UGD technology.
Parties will run technical and economic evaluation, including front-end engineering and design, across selected Argentine oil fields.
Project would be financed by Laredo through a dedicated Argentine operating entity, subject to financing, approvals, due diligence, definitive agreements.
Proposed structure targets recovery of Laredo’s investment from incremental production; definitive deal contemplated as a production sharing agreement.
LOI includes a 180-day exclusivity period for the partner; otherwise non-binding until definitive agreements are signed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laredo Oil Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609220914PR_NEWS_USPR_____DA53465) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Laredo Oil signs LOI with Argentine operator for potential UGD deployment

You may also like

Crypto prices