Laredo Petroleum Names Jay P. Still as President and COO

Laredo Petroleum Holdings, Inc.

today announced it has named Jay P. Still as President, Chief Operating Officer and a member of the Company's Board of Directors, effective July 8, 2013. Mr. Still, who recently resigned his position as Executive Vice President, Domestic Operations at Pioneer Natural Resources, will replace Jerry R. Schuyler who will retire from the Company in 2014. Mr. Schuyler has agreed to be available to the Company for consultation until his retirement to ensure a smooth transition. At Laredo, Mr. Still will be responsible for all development activity, and together with Chairman and Chief Executive Officer, Randy A. Foutch, and Chief Financial Officer, Richard C. Buterbaugh, will jointly be responsible for key decisions in areas of corporate strategy and capital allocation. Mr. Still brings nearly three decades of experience to Laredo including the past 18 years with Pioneer Natural Resources and predecessor company Parker & Parsley Petroleum Company. Most recently, he oversaw the development and growth of Pioneer's assets in South Texas (primarily Eagle