Continental Resources Inc. said it expects to save about $125 million in capital costs by shifting to 30% longer laterals within Project SpringBoard, a multi-year program to develop its oil and liquids-rich assets in Oklahoma’s myriad stacked reservoirs.
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Articles from Springboard
Expectations of Rising Weekend Prices Fulfilled
As traders had expected, prices used Thursday afternoon’s andFriday morning’s futures strength as a springboard to achieveincreases that were mostly between a nickel and a dime Friday.
March 13, 2000
Cash Uses Screen as Springboard for Small Increases
Fundamental weather demand didn’t change much, so it must havebeen the impetus from a rising Henry Hub futures contract thatallowed cash prices to post widespread small gains Tuesday, sourcessaid. Few of the increases were much more than 1-3 cents except forSumas, where prices rose as a force majeure remained in effect atWestcoast’s McMahon Processing Plant (see Transportation Notes).
February 3, 1999
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