Wednesday, September 15, 2010

Continental Resources - Bakken Shale Update

By Andrea:

Continental Resources, Inc. (CLR) recently announced that its proved reserves increased 21 percent to 310 MMBoe in the first half of 2010, based on its internal evaluation. This compared with the total proved reserves of 257 MMBoe at year-end 2009. The increase in the first half of 2010 primarily resulted from extensive drilling activity in the North Dakota Bakken Shale play.

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