Laredo to Acquire Cordero Energy's Assets in Howard County, Texas

Updated 1 year 10 months ago

Laredo Petroleum has agreed to purchase 7,360 net acres (96% operated) and 750 net royalty acres in Howard County, Texas for USD 130 million, subject to customary closing purchase price adjustments and conditions. Richardson Barr served as an exclusive advisor to Cordero, and Kirkland & Ellis also advised Cordero on the deal.