Post Tagged with: "Continental Resources"

Source: Reuters

Continental Resources pushes for regulatory action at North Dakota hearing

Reuters


Continental Resources, one of the largest U.S. shale oil producers, on Wednesday urged North Dakota energy regulators to intervene to help stabilize the state’s oil market through steps such as limiting output or restricting flaring of unwanted natural gas.…

Source: Reuters

More shale drillers slash production after oil rout slams earnings

Reuters


U.S. shale producers Continental Resources Inc and Callon Petroleum Co on Monday joined their peers in cutting production to cope with a rout in oil prices as the coronavirus crisis sapped demand for fuel.

The historic drop in oil …

US oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and June

US oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and June

Rystad Energy


US oil production of at least 300,000 oil barrels per day (bpd) will be shut during May and June, according to a Rystad Energy analysis of early communication from US oil producers. It is unclear how much of …

Source: CNBC

Six US oil firms are expected to shut 300,000 barrels per day of production in May and June

CNBC


U.S. energy companies are taking an axe to their rig numbers, deepening production cuts for the industry that in the last few years made America the world’s number one oil producer.

 

Six major U.S. shale producers are expected …

Source: CNBC

Continental Resources sued by rival over failed $200 million oil deal

Reuters


Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices crashed.

U.S. crude futures prices have tumbled, with coronavirus-related lockdowns and travel …

Source: Reuters

Continental Resources suspends dividend amid coronavirus woes

Reuters


Continental Resources Inc said on Tuesday it would suspend its quarterly dividend and cut its production for April and May 2020 by about 30%, as it grapples with a plunge in oil prices and demand amid the novel coronavirus …

Kudos to Harold Hamm – You sounded like Boone and Aubrey

Kudos to Harold Hamm – You sounded like Boone and Aubrey

Oil and Gas 360


Harold Hamm’s recent defense of America’s oil and natural gas industry sounded a lot like the late Boone Pickens and Aubrey McClendon, both of whom where champions of the industry, it’s workers and the independence the …

Source: Houston Chronicle

Harold Hamm invites Elizabeth Warren on tour of shale heartland

Houston Chronicle


Billionaire wildcatter Harold Hamm invited Elizabeth Warren to the Oklahoma oil patch as the U.S. Democratic presidential candidate proposes a ban on fracking if elected.

In a letter dated Dec. 18, Hamm said he wanted Warren to tour …

December 20, 2019 - 9:30 am Closing Bell Story‎, Energy News, Fracing, People
Source: forbes.com

Continental Resources announces Harold Hamm is stepping up to Executive Chairman

OKLAHOMA CITY, Dec. 11, 2019 /PRNewswire/ — Continental Resources, Inc. (NYSE-CLR) announced today that effective January 1, 2020, Founder and Chief Executive Officer, Harold Hamm will step up to the role of Executive Chairman. William Berry has been …

December 11, 2019 - 3:00 pm Closing Bell Story‎, Energy News, People
Source: Reuters

Investors brace for poor U.S. shale earnings amid weak oil and gas prices

Source: Reuters


(Reuters) – Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.

Major shale producers ConocoPhillips (COP.N) and …

Photo by Tyler Losier

Continental CEO Harold Hamm Speaks at EnerCom’s The Oil and Gas Conference

By Tyler Losier, Energy Reporter, Oil & Gas 360

Continental Resources’ Harold Hamm sits down for a fireside chat
Today, as part of EnerCom’s 24th annual The Oil and Gas Conference in Denver, Colorado, Harold Hamm, CEO and chairman of

Source: Lagoon Water Solutions

Continental Resources Divests STACK Water Handling Facility

By Tyler Losier, Energy Reporter, Oil & Gas 360

Continental Resources sells STACK water handling facility to Lagoon Water Solutions for $85 million
Continental Resources (stock ticker: CLR), an Oklahoma City-based independent E&P, is selling its eastern STACK water gathering

Conference Spotlight: Williston Basin Presenters

Conference Spotlight: Williston Basin Presenters

By Tyler Losier, Energy Reporter, Oil & Gas 360


The Oil and Gas Conference’s Williston Basin presenters cumulatively produce 633,800 BOEPD

From August 11-14, Oil & Gas 360’s parent company – EnerCom – will host its 24th annual The …

Continental Petroleum Chairman Harold Hamm to Keynote EnerCom’s The Oil & Gas Conference® Tues. Aug. 13, 2019

Continental Petroleum Chairman Harold Hamm to Keynote EnerCom’s The Oil & Gas Conference® Tues. Aug. 13, 2019

Occidental Petroleum (NYSE: OXY) CFO Cedric Burgher will give the EnerCom luncheon keynote address on Monday, Aug. 12. 

EnerCom said that legendary oilman Harold G. Hamm, chairman and CEO of Continental Resources (NYSE: CLR), will take the stage for a …

STACK’s Where It’s At: Continental Plans More Wells While Spending 25% Less

STACK’s Where It’s At: Continental Plans More Wells While Spending 25% Less

18 STACK wells had combined 24-hour IP of 74,260 BOEPD
Continental Resources (ticker: CLR) announced third quarter results today, showing net income of $314.2 million, or $0.84 per share. After adjusting for impairments and other special charges, Continental earned $337

Continental Resources to Redeem $400 Million of 5% Senior Notes

Continental Resources to Redeem $400 Million of 5% Senior Notes

Continental Resources, Inc. (NYSE: CLR) announced today that it will redeem $400 million in aggregate principal amount, representing approximately 20% of the $2.0 billion in aggregate principal amount currently outstanding, of its 5% Senior Notes due 2022. The redemption price …

July 12, 2018 - 12:16 pm Closing Bell Story‎, Energy News, Finance
How Important is the American Shale Renaissance to the World?

How Important is the American Shale Renaissance to the World?

This is what happens when you turn the private sector loose to innovate, develop new technologies and improve efficiency

Some interesting testimony came out of last week’s House of Representatives Energy & Commerce Committee hearing. The intention of the committee …

Shale Drillers Look Beyond Texas as Prices Rise

Shale Drillers Look Beyond Texas as Prices Rise

From The Wall Street Journal

Shale drillers are ramping up production in the U.S. as oil prices rise, moving beyond the West Texas oil field that became the country’s drilling center.

From Oklahoma to North Dakota, companies are increasing investment …

May 14, 2018 - 9:30 am Closing Bell Story‎, Energy News
Newfield and Continental Tout SCOOP/STACK, Bakken

Newfield and Continental Tout SCOOP/STACK, Bakken

Newfield’s SCOOP/STACK operations pinned to future growth; Williston Basin infill projects look to deliver $100 million of free cash flow in 2018

Newfield Exploration Company (ticker: NFX) had record net production during Q1 2018, with SCOOP/STACK net production averaging 117,500 …

Continental Resources Announces Change to Board of Directors

Continental Resources Announces Change to Board of Directors

Continental Resources Announces Forthcoming Departure of Jim Gallogly From Board of Directors

Continental Resources Reports Record Well in the STACK

Continental Resources Reports Record Well in the STACK

Continental Resources’ Angus Trust 1-4-33XH produced 4,642 BOE during its 24-hour IP test

Oklahoma City-based Continental Resources (ticker: CLR) announced that its recently completed Angus Trust 1-4-33XH has set a company IP record. The well, which was drilled in the …

The STACK and SCOOP Valued at $40 Billion with Upside

The STACK and SCOOP Valued at $40 Billion with Upside

Oklahoma’s STACK and SCOOP plays are dominated by five players – 2nd most active U.S. plays

With roughly 31% of active rigs in the U.S. focusing on the Permian, it’s easy to say plays like the Delaware Basin have …

Continental Continues to Core Up

Continental Continues to Core Up

Continental divests North Dakota and Montana assets for $222 million

Continental Resources (ticker: CLR) announced the sale of non-core assets today for $222 million. The assets include 68,000 net acres in North Dakota and 12,000 net acres in Montana with …

August 19, 2016 - 11:40 am Closing Bell Story‎, Oil and Gas 360 Articles
Continental Resources’ Goal: Cash Flow Neutrality

Continental Resources’ Goal: Cash Flow Neutrality

Continental Resources CEO Harold Hamm says the company is aiming for balanced growth

Oklahoma City-based Continental Resources (ticker: CLR) announced its second quarter earnings this week, reporting increased production guidance for the year, lower production costs, and a $281 million …

Is the Shale Boom Finally Taking a Breather?

Is the Shale Boom Finally Taking a Breather?

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16

U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin …

Oil Prices Hold Steady as Saudi Arabia and Russia Prepare for Closed-Door Meeting

Oil Prices Hold Steady as Saudi Arabia and Russia Prepare for Closed-Door Meeting

WTI crude oil prices hold above $29 per barrel, while production remains steady

Crude oil prices shot up over 12% last Friday, moving prices up from a 12-year low last week. Comments from The UAE’s Oil Minister Suhail bin …

Continental Resources – Day Two Breakout Notes

Continental Resources – Day Two Breakout Notes

Jack Stark, President and Chief Operating Officer of Continental Resources (NYSE: CLR), presented today at EnerCom’s The Oil & Gas Conference 20®.

Continental Resources is an independent oil producer in the United States and is a strong free market advocate …

August 18, 2015 - 4:17 pm 2015 TOGC Two, Oil and Gas 360 Articles