---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-21-000703"
form_type: "8-K"
ticker: "LRDC"
cik: "0001442492"
company_name: "Laredo Oil, Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:17:09.179356+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Laredo Oil receives reserve report estimating $41M PV-10 for Lustre Oil Field

## Summary
- Independent report estimates $41M cumulative cash flow (discounted at 10%) for certain Montana properties, effective Nov 1, 2021.
- Coverage includes 23,739 acres where wholly-owned subsidiary Lustre Oil Company has acquired mineral rights in NE Montana.
- CEO Mark See says first 10 wells identified for completion and field has much more expansion potential.
- Report prepared using constant prices and costs, conforming to SEC Regulation S-K Item 1202(a)(8).

## SEC filing metadata
- accession: 0001199835-21-000703
- form_type: 8-K
- ticker: LRDC
- cik: 0001442492
- company_name: Laredo Oil, Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442492/000119983521000703/0001199835-21-000703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442492/000119983521000703/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-21-000703
- JSON: https://secwatch.observer/filing/0001199835-21-000703.json
- Plain text: https://secwatch.observer/filing/0001199835-21-000703.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.