“Oklahoma City-based Continental Resources Says it Will Triple Production, Reserves”
Filed by KOSU News in State Impact.
October 10, 2012
Continental Resources expects a lot of growth in North Dakota’s Bakken formation and the Adadarko Woodford play in western Oklahoma.
Tulsa money manager Jake Dollarhide said the oil company has benefited from relatively strong oil prices while low natural gas prices have forced many production companies to switch their drilling programs to oil from natural gas in recent years. “At a time when many of its peers who are heavier in natural gas are cutting their production outlooks and scrambling because of low natural gas prices and debt payments, Continental is able to come out with a strong report.”
Read more at: newsok.com
Powered by WPeMatico