Home / Tag Archives: continental resources (page 10)

Tag Archives: continental resources

Government revokes permits for two planned oil train terminals

oil transport

SEATTLE — State officials said Wednesday they are revoking permits for two planned oil train terminals in southwest Washington after deciding the projects should face more environmental scrutiny. The state Shorelines Hearings Board issued a letter Wednesday indicating it will invalidate permits for Westway Terminal Co. and Imperium Terminal Services, which want to build oil shipping terminals at the Port ...

Read More »

Continental Resources and Wall Street: The Odd Couple

continental resources

After years of torrential growth, the top leaseholder in the Bakken Shale has entered the club of companies with the stoutest financial reputations. Continental Resources Inc. graduated to an “investment grade” credit rating from Standard & Poor’s late last month. It joins a small group of non-oil majors with that standing, including ConocoPhilips Co., Devon Energy Corp. and EOG Resources ...

Read More »

Continental Resources makes 2014 operating and finance annoucement

Continental Resources

OKLAHOMA CITY, Sept. 10, 2013 /PRNewswire/ — Continental Resources, Inc. (CLR) expects to increase total crude oil and natural gas production in a range of 26% to 32% in 2014, based on non-acquisition capital expenditures of $4.05 billion.  Continental expects average daily production in 2014 will be in a range of 170,000 to 180,000 barrels of oil equivalent (Boe) per ...

Read More »

Fracking regulations pit ND against DC

Congress News

North Dakota’s The Bakken shale, and how 1 picture tells the whole story. Source: Bureau of Labor Statistics. Though North Dakota has in times past had lower joblessness rates when compared to the remainder of the country, it barely felt a bump in the road with the start of the Great Recession. Not only have the number of jobs enhanced ...

Read More »

Hess proving to be a big player in the Bakken

Hess

While it might only be the third-largest driller in North Dakota, Hess (NYSE: HES)  has drilled 18 of the 50 top producing wells in the Bakken region over the past two years. The company is focusing on three areas to drive its overall Bakken performance: well costs, productivity, and price realization. This should enable the company to deliver superior returns. Looking ...

Read More »

One-on-One with Harold Hamm

Harold Hamm

WILLISTON, N.D.—Washington’s fixation on Harold Hamm, the onetime top energy adviser to Republican presidential candidate Mitt Romney, has waned since the former Massachusetts governor lost the 2012 race. But as long as America is booming with oil, as it is here in the Bakken shale-oil fields of North Dakota, Hamm will be more relevant than he ever was in Romney’s ...

Read More »

Q2 2013 results posted by Continental Resources

Continental Resources

Continental Resources, Inc. (NYSE: CLR) (“Continental” or the “Company”) announced second quarter 2013 operating and financial results, reporting net income of $323 million, or $1.75 per diluted share.  Adjusted net income, which excludes items typically excluded from published analyst estimates, totaled $246 million, or $1.33 per diluted share.  The Company achieved record EBITDAX of $708 million, an increase of $87 ...

Read More »