1. Texas Railroad Commission’s Natural Gas Workshop June 4 th, 2015 Fort Worth, TX 1 Luke Duke Procurement Supervisor Laredo Petroleum, Inc.

2. 2  Laredo Petroleum (NYSE: LPI) is an independent energy company headquartered in Tulsa, OK.  Focused on the acquisition, exploration, and development of oil and natural gas properties primarily in the Permian Basin. New Central Field Office located just south of St. Lawrence, TX.

3. The LPI Fleet 3  202 total vehicles are in the active LPI fleet. Of those, 72 (~ 36 %) have been outfitted with a bi-fuel CNG system. Selection based on routes.  The most prevalent vehicle in the LPI fleet is the Ford F-250 Super Cab. Those that have been converted, have been outfitted with the Westport WiNG CNG System.  Retrofitting of older trucks took place at the Westport facility in Dallas, with new kits being installed via ship through in Westport’s Louisville, KY plant.

4. Westport WiNG CNG System 4  LPI Fleet Vehicles are equipped with the Westport WiNG Bi-Fuel CNG System, carrying a twenty- three (23) GGE in-bed tank pack.  This setup allows for room to outfit each vehicle with Pack Rat toolboxes and gear.  Fuel economy is very similar to that of unleaded.  Reliable and easily maintained at White Motors in Stanton, TX.

5. CNG Station 5  Partnering with Apache, Laredo has opened a semi-private CNG station just north of Garden City, Texas.  Zeit Energy consulted on the project.  Adjacent to Enlink Plant  Line Pressure: 525 psi  No dryer necessary  ANGI 150 HP Compressor  NG300E  798 scfm  CP Industries storage tubes (36k scf)  Kraus Global Gilbarco Dispenser  RDS POS System

6. LPI CNG Station Location 6

7. Why CNG ? 7  Falls in line with core Company values and mission.  Utilization of a product produced by the industry in which LPI operates.  Cleaner burning fuel to reduce emissions.  Even with the reduced price delta between CNG and unleaded fuel being what it is today, savings can still be realized.  Over 400k fleet miles driven monthly.  TERP Incentive Plan.

8. Questions ? 8 Thanks, and GO FROGS!!!