Welcome
Lario Oil & Gas is a privately owned independent oil and gas company. We participate and operate domestically in California, Permian Basin, the Rockies, Mid Continent Region, Central Oklahoma, Arkoma Basin, South Texas, Black Warrior Basin and internationally in Alberta and Saskatchewan. The Company pursues an organic growth opportunity at low finding costs by exploiting its inventory of lower-risk development opportunities and the use of 3D seismic. A larger portion of the Company's drilling inventory consists of unconventional resource plays targeting tight gas and oil shales and occasionally coal bed methane reservoirs. This drill-bit growth strategy is supplemented periodically with complementary acquisitions.
100% of our A&D CAPEX is supported by internal cash flow.
Lario has an inventory of long term assets in Kansas, West Texas, the Powder River Basin, and Green River Basin that compliment our shorter lived but extremely high ROR assets in the Sacramento Basin.
During the last 12 months we have built out what we anticipate will become an inventory of relatively low risk locations that are oil weighted, long lived, and concentrated in the Rockies. We also have an excellent inventory of gas locations in the Mississippian play in south central Kansas, the Green River Basin, and the Woodford Shale of Oklahoma.