In it’s 95-year history, Lario has flourished during the good times and stoically weathered many industry lows with the help of experienced management and dedicated employees, all of whom take great pride in the company’s success and longevity in an industry where both can be elusive. Lario continues to identify and pursue select opportunities with innovation and hard work. Current exploration efforts are focused in the Permian, Williston, and Mid-Continent regions with continued great results. As Lario moves toward the end of it’s first century, the O’Shaughnessy’s are already looking ahead to a second century of success.
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The company has not participated in any projects.
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Diamondback Energy, Inc. has announced the acquisition of all leasehold interests and related assets of Lario Permian, LLC. The transaction was valued at 4.18 million in shares and US$850 million in...
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