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Sabalo Energy explores, develops and produces oil and gas properties in US onshore basins.
Sabalo Energy explored, developed and produced oil and gas properties in onshore US basins, with assets in Howard County, Texas. It had developed more than 70 horizontal wells in the Wolfcamp and Spraberry formations, with production capacity of 16,000 BOPD. Founded in 2014 in Texas by Barry Clark, it was acquired by Laredo Petroleum, Inc. in July 2021 for USD 715 million, including USD 625 million in cash and 2.5 million shares.
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