With a track record spanning over 97 years in the energy business and 87 years in the exploration and production business, our expertise and experience is unparalleled. Founded in 1927, Lario Oil & Gas Company has weathered many industry storms. We are a cycle tested company, and it is really a simple recipe: good people making good investment decisions for the long haul. That is who we are and what we do.
Company founder I. A. O’Shaughnessy first ventured into the energy industry in Oklahoma in 1916 with the formation of the Globe Oil and Refining Company. He soon realized that participating in the exploration and production process itself, the drilling of select oil prospects, was a logical addition to the refining business, and that successful wells would provide feedstock for Globe's refinery near Blackwell, Oklahoma.
Since 1927 Lario has operated throughout both the U.S. and Canada focusing its resources and capital on rate of return driven projects. Over the last five years Lario has sold multiple assets in the Powder River Basin, Williston Basin, Central Kansas and Canada representing transaction value of over $500mm. Today Lario’s primary assets are located in the Williston Basin, the Mid-Continent and Permian Basin, Green River Basin, San Joaquin Basin, and Appalachian Basin.