Laredo Oil, Inc · OTC:LRDC
Laredo Oil — Investor Presentation (November 2009)
11 slides from Laredo Oil's investor presentation, Nov 30, 2009
Slide 1: Laredo Oil, Inc.
LAREDO OIL | Laredo Oil, Inc.
Slide 2: Safe Harbor Statement
Safe Harbor Statement During our presentation today, any statements we make about future expectations, plans or prospects for the Company constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. We caution you that t
Slide 3: Laredo Oil Inc. - E&P Company focused on Enhanced Oil Recovery
REDO OIL * Laredo Oil Inc. - E&P Company focused on Enhanced Oil Recovery (EOR) applications in Depleted/Mature oil fields + Currently has minimal assets and requires up to $50 million capital to execute business strategy * Applies recognized Underground Gravity Drainage (UGD)™ process * Radically r
Slide 4: Identify mature, producing fields with stranded resources
REDO OIL + Identify mature, producing fields with stranded resources, conducive to UGD™ recovery method * Seek oil fields with minimum 25 MM barrels potential * Acquire identified fields at current market * Implement UGD™ method * Materially increase field production to +5k-10,000 BOPD per field
Slide 5: Underground Gravity Drainage
REDO Underground OIL * Uses traditional, proven mining technology to drill upwards from under target oil field * Hyper Down-Spacing™ & Gravity Drainage via underground access * Allin Recovery Costs = $8/bbl * Large inventory of UGD™ Potential Reserves identified
Slide 6: t i
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Slide 7: ion
ion REDO OIL *18 years * 6,500 fields in the US; 14,500 worldwide * Culled to top 100 fields (opportunities) * Validated economic & engineering model * +18 billion bbls stranded in US, Business Approach is to convert part to proven reserves & production
Slide 8: Estimated Producible
REDO OIL Estimated Producible * Project 1 26 million barrels * Project 2 105 million barrels * Project 3 159 million barrels
Slide 9: DIL
REDO DIL + MackSeechaieman, c£0 ‘yearn Underroind etlau tis Gf Ol cover Enhancemers cand COO Pototea resource, nsepeie lamps Opera eogenas magel& pe nies rears rvdogmes prone Soprsene Fests frPunore aan su SNe a (oldie & mens Developed rttted Uso" tednony ongengner Macy coo ot nes erty + bon Beckham
Slide 10: AREDO
AREDO OIL * Highly predictable production + Scalability + Proven management team, implemented UGD™ + Low cost, $8 avg per barrel, well below EOR/IOR industry avg of +535 +100 stranded oil fields meet our criteria for UGD™, (*18 B bbls stranded oil in US) + Acquire stranded oil for low cost - prove r
Slide 11: Organized March 31, 2008 corporate facts
REDO OIL * Organized: March 31, 2008 * Delaware C Corp. + Status: Fully Reporting * Stock Exchange: OTCBB *Ticker: LEDC + Price: $1.55 (11/09/09) + Shares Outstanding: 50,000,000 (10/1/09) + HQ: Big Horn, Wyoming