Post Tagged with: "private drillers"

Source: Forbes

Hamm says privately held drillers have more freedom to ramp up oil output

World Oil


HOUSTON (Bloomberg) –Harold Hamm, who took Continental Resources Inc. public 14 years ago, says right now his closely held competitors can do what he simply can’t: increase oil production to meet rising demand.

 

 

The Oklahoma billionaire …

Privates are Driving the Pace of Growth in the Permian

Privates are Driving the Pace of Growth in the Permian

From Argus Media — Private companies in the Permian basin are taking a larger role in driving output growth in the region as publicly-traded producers bow to investor pressure to curtail spending and cut drilling.

Investors poured billions of dollars …