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Latham & Watkins Advises Laredo Petroleum in Divestiture of Howard County Non-Operated Properties

August 17, 2022
A Houston-based team advises the independent energy company on the US$110 million pending transaction.

Laredo Petroleum, Inc. (NYSE: LPI) has announced the signing of a purchase and sale agreement to divest certain non-operated properties in Howard County for US$110 million, subject to customary closing price adjustments. The transaction is expected to close in October 2022, with an effective date of August 1, 2022.

Latham & Watkins LLP represents Laredo Petroleum, Inc. in the transaction with a Houston-based team led by partners Stephen Szalkowski and John Greer, with associates Shawn Beloin and Austin Sheehy. Advice was also provided on tax matters by partner Jim Cole, with associate Dylan White; and on finance matters by partner Matthew Jones, with associate Max Fin.