Laredo Oil Signs First Non-Binding Letter of Intent (LOI) for Commercial Deployment of UGD in Argentina
Laredo Oil (OTC: LRDC) signed a non-binding LOI with an Argentine oil operator to evaluate UGD technology deployment in Argentina. The agreement includes a structured process and potential financing by Laredo. The LOI is non-binding, with definitive agreements subject to due diligence, financing, and regulatory approvals.