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Stranded Oil Resources Lands 1,300 Acres

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August 27, 2012

Laredo Oil, Inc. (LRDC) announced that pursuant to its management services agreement with Stranded Oil Resources Corporation ("SORC"), it has assisted SORC in purchasing or leasing mineral rights to approximately 1,300 acres of real property. Some of this acreage contains producing oil wells.

Mark See, Chairman and CEO of Laredo Oil stated that, "SORC has received over $13.1 million of investment capital to acquire mineral rights and conduct operations since its inception in June 2011. As acreage has been assembled, coring and stratigraphic drilling has been conducted over the last ...

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