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energy, 2016, year in review

Continental Resources plans to complete 29 Bakken wells

Continental Resources’ Bakken production averaged nearly 108,000 b/d of oil equivalent in the third quarter of 2016, down 14% or more than 17,000 boe/d from the previous quarter, but the Oklahoma City-based producer plans to boost production in its North Dakota and Montana plays before the end of the year.

“We’ve begun harvesting our valuable Bakken inventories,” Harold Hamm, Continental’s chairman and CEO, said during an earnings call Thursday.

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