Item 1.01 Entry into a Material Definitive Agreement.

On April 13, 2022, Laredo Petroleum, Inc. (the "Company") entered into the Eighth Amendment (the "Eighth Amendment") to the Fifth Amended and Restated Credit Agreement (as amended, the "Senior Secured Credit Facility") among the Company, as borrower, Wells Fargo, as administrative agent, the Guarantors and the bank signatory thereto. The Eighth Amendment, among other things, (i) increases the borrowing base from $1.0 billion to $1.25 billion and the aggregate elected commitment from $725 million to $1.0 billion, (ii) increases, from closing through December 31, 2022, the $50 million bond buyback and distributions baskets to $250 million, subject to certain conditions, (iii) adds an energy transition and technology commercialization investment basket of $25 million, subject to certain conditions, (iv) allows for the designation of Unrestricted Subsidiaries and (v) amends certain other provisions relating to certain commercial agreements and the administration of the Loans, in each case, subject to the terms of the Eighth Amendment and the Amended Credit Facility.

All capitalized terms above that are not defined elsewhere have the meanings ascribed to them in the Eighth Amendment or the Senior Secured Credit Facility, as applicable. The foregoing description of the Eighth Amendment is a summary only and is qualified in its entirety by reference to the complete text of the Eighth Amendment, a copy of which is attached hereto as Exhibit 10.1 and incorporated into this Item 1.01 by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an


          Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above with respect to the Eighth Amendment is hereby incorporated herein by reference. A copy of the Eighth Amendment is attached hereto as Exhibit 10.1 and incorporated into this Item 2.03 by reference.

Item 9.01 Financial Statements and Exhibits.






(d)  Exhibits.



Exhibit Number                               Description
     10.1           Eighth Amendment to the Fifth Amended and Restated Credit
                  Agreement, dated as of April 13, 2022, among Laredo
                  Petroleum, Inc., as borrower, Wells Fargo Bank, N.A., as
                  administrative agent, Laredo Midstream Services, LLC and Garden
                  City Minerals, LLC, as guarantors and the banks signatory
                  thereto.
     104          Cover Page Interactive Data File (formatted as Inline XBRL).




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