Item 8.01. Other Events.



As previously disclosed in its Current Report on Form 8-K filed with the Securities and Exchange Commission on May 11, 2021 (the "Prior 8-K"), on May 7, 2021, Laredo Petroleum, Inc. (the "Company"), entered into agreements with respect to the Sabalo/Shad Acquisition and the Working Interest Sale, as defined and described in the Prior 8-K. The Company expects the Sabalo/Shad Acquisition to close on or about July 1, 2021, subject to customary closing conditions, and the Working Interest Sale to close on or about the same time as the closing of the Sabalo/Shad Acquisition, subject to closing of the Sabalo/Shad Acquisition and other customary closing conditions.

The Company is filing this Current Report on Form 8-K to disclose the financial statements and information set forth in Item 9.01 hereto.

Item 9.01. Financial Statements and Exhibits.






(a)    Financial statements of business to be acquired.


The audited annual combined financial statements of Sabalo Energy, LLC and Sabalo Operating, LLC (collectively, "Sabalo"), which comprise the balance sheets as of December 31, 2020 and 2019, the related statements of operations, members' equity, and cash flows for the years then ended, and the related notes to the combined financial statements, are filed as Exhibit 99.1 hereto and incorporated by reference herein.

The unaudited quarterly combined financial statements of Sabalo, which comprise the balance sheet as of March 31, 2021, the related statements of operations, members' equity, and cash flows for the three-month periods ended March 31, 2021 and 2020, and the related notes to the combined financial statements, are filed as Exhibit 99.2 hereto and incorporated by reference herein.

The audited annual financial statements of Shad Permian, LLC ("Shad"), which comprise the balance sheets as of December 31, 2020 and 2019, the related statements of operations, members' equity, and cash flows for the years then ended, and the related notes to the financial statements, are filed as Exhibit 99.3 hereto and incorporated by reference herein.

The unaudited quarterly financial statements of Shad, which comprise the balance sheet as of March 31, 2021, the related statements of income, members' equity, and cash flows for the three-month periods ended March 31, 2021 and 2020, and the related notes to the financial statements, are filed as Exhibit 99.4 hereto and incorporated by reference herein.





(b)    Pro forma financial information.


The unaudited pro forma condensed combined financial information of the Company, which comprise the balance sheet as of March 31, 2021, the related statements of operations for the year ended December 31, 2020 and three-month period ended March 31, 2021, and the related notes to the pro forma condensed combined financial information, is filed as Exhibit 99.5 hereto and incorporated by reference herein.





(d)    Exhibits.



Exhibit No.                                Description
      23.1       Consent of Tranbarger FHK, PLLC with respect to Sabalo audited
               combined financial statements.
      23.2       Consent of Tranbarger FHK, PLLC with respect to Shad audited
               financial statements.
      23.3       Consent of W.D. Von Gonten & Co.
      99.1       Audited combined financial statements of Sabalo as of
               December 31, 2020 and 2019 and for the years ended.
      99.2       Unaudited combined financial statements of Sabalo as of March 31,
               2021 and for the three-month periods ended March 31, 2021 and
               March 31, 2020.
      99.3       Audited financial statements of Shad as of December 31, 2020 and
               2019 and for the years ended.
      99.4       Unaudited financial statements of Shad as of March 31, 2021 and
               for the three-month periods ended March 31, 2021 and March 31,
               2020.
      99.5       Unaudited pro forma condensed combined financial information of
               the Company as of March 31, 2021 and for the year ended
               December 31, 2020 and three-month period ended March 31, 2021.
      99.6       Reserves report of W.D. Von Gonten & Co. with respect to Sabalo
               reserves as of December 31, 2020.
      99.7       Reserves report of W.D. Von Gonten & Co. with respect to Shad
               reserves as of December 31, 2020.
         104   Cover Page Interactive Data File (formatted as Inline XBRL).




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