Hamm

Koch Industries is actively trading U.S.-produced oil to Europe and Asia, and more Bakken production from North Dakota increasingly will become part of the export mix, an executive said Wednesday.

Continental Resources Inc. founder Harold Hamm, an unabashed supporter of GOP presidential nominee Donald Trump, on Tuesday warned a Denver audience in a provocative speech that Democrat Hillary Clinton, if elected in November, would doom the U.S. oil and natural gas industry.

While introducing Republican presidential candidate Donald Trump to an energy savvy audience in Bismarck, ND, Thursday, Continental Resources Corp. CEO Harold Hamm said he has explored an export deal for Bakken sweet crude going to South Korea.

In a surprise move, Sue Ann Arnall, the ex-wife of oil baron Harold Hamm, has reportedly cashed a handwritten alimony check for nearly $1 billion.

CEOs from three major Bakken formation producers on Thursday predicted that North Dakota’s rapid oil/natural gas production growth is just getting started, pointing toward 2 million b/d levels in the next few years and recovery rates in future wells approaching 40%.

NS Premier John Hamm said the bids show again the depth of industry’s interest in Nova Scotia. “Two bids broke all previous records and, in total, the nine bids represent a 50% increase in interest in just one round,” he said. “It represents a strong vote of confidence in Nova Scotia and our decision to focus on getting more exploration under way to determine our potential.”