Articles Tagged with ''continental''

Continental Hits Record Production, Could Drop Two Bakken Rigs

Six months after cutting its rig count in half, Continental Resources Inc. made record production for the second quarter and raised its production guidance for the rest of the year, but the company said it plans to drop two of its 10 operated rigs deployed in the Bakken Shale if commodity prices don't improve, and will increase its focus on the Midcontinent. Read More

Continental Cuts Back For 2015, Again

Bakken Shale pioneer Continental Resources Inc. (CLR) Monday cut its 2015 capital spending plans for the second time in as many months in the face of depressed oil prices. Still, production is expected to increase. Read More