OKLAHOMA CITY, June 3, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") announced today that it will redeem all of its outstanding 8 ¼% Senior Notes due October 1, 2019 (the "2019 Notes") on July 11, 2014, the redemption date. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO The redemption price for the 2019 Notes will be equal to the sum of the principal amount [...]
OKLAHOMA CITY, May 12, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") announced today the pricing of its private placement of $1.0 billion of new 3.800% senior unsecured notes due 2024 and $700.0 million of new 4.900% senior unsecured notes due 2044. The 2024 notes were sold at 99.644% of par, resulting in a yield to maturity of 3.843% with respect to the 2024 notes. The 2044 [...]
First Quarter 2014 Adjusted Net Income Totals $272 Million, or $1.47 per Diluted Share; First Quarter 2014 EBITDAX of $775 Million 14-Well Hawkinson Density Test Production Performance Remains Strong After 150 Days on Production Strong Early Performance at Rollefstad Density Pilot, Eight New Wells Have Combined Initial Production of 22,460 Boe per Day OKLAHOMA CITY, May 7, 2014 /PRNewswire/ -- [...]
OKLAHOMA CITY, May 1, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") today announced changes in leadership within its management team: Gary E. Gould has been promoted to Senior Vice President of Operationsand Resource Development Richard E. Muncrief, Senior Vice President of Operations and Resource Development,has resigned to take the position of President and Chief [...]
OKLAHOMA CITY, April 28, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") announced today the Bakken field of North Dakota and Montana recently reached the milestone of 1 billion barrels of light, sweet crude oil produced. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO According to data from IHS, the Bakken's cumulative oil production reached the billion barrel [...]
Earnings Conference Call Scheduled for Thursday, May 8, 2014 at 11:00 a.m. ET OKLAHOMA CITY, April 10, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") plans to announce first quarter 2014 earnings on Wednesday, May 7, 2014 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss first quarter 2014 results on [...]
Editor Note: For more information about this release, please scroll to bottom. LONDON, March 31, 2014 /PRNewswire/ -- On Friday, March 28, 2014, the NASDAQ Composite finished at 4,155.76, up 0.11%. The Dow Jones Industrial Average closed the session at 16,323.06, up 0.36% and the S&P 500 ended the day at 1,857.62, higher by 0.46%. The gains were broad based with eight out of ten sectors ending the session in positive [...]
Fourth Quarter Adjusted Net Income Totals $228.1 Million, or $1.23 per Diluted Share Fourth Quarter EBITDAX of $712 Million Brings Full-Year 2013 EBITDAX to Record $2.84 Billion Strong Early Performance of Hawkinson Density Pilot Wells 2014 Production on Track for 26% to 32% Growth in 2014 OKLAHOMA CITY, Feb. 26, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") today [...]
1.08 Billion Boe in Proved Reserves at Year-End 2013, a 38% Increase over Year-End 2012 Full-Year 2013 Production Totals 49.6 Million Boe, a 39% Increase over 2012 Continental Plans Fourth Quarter and Full-Year 2013 Earnings Announcement for Wednesday, February 26, 2014 OKLAHOMA CITY, Feb. 7, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) (the "Company") today announced record proved reserves and [...]
OKLAHOMA CITY, Dec. 13, 2013 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") announced today that Moody's Investor Services ("Moody's") has upgraded the Company to investment grade. Moody's increased Continental's senior unsecured rating to Baa3 from Ba2. (Logo: http://photos.prnewswire.com/prnh/20120327/DA76602LOGO) John D. Hart, Continental's Chief Financial Officer [...]
BEDFORD, Texas, November 18, 2013 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech"), PetroTech 's joint venture with Rolling Hills announced this afternoon that Rolling Hills has obtained the first executed contract to provide completion rigs with Halcon Resources, a multibillion-dollar industry leader in the Bakken Shale play, and other major areas of the US. The contract will provide [...]
BEDFORD, Texas, November 18, 2013 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech"), today announced that they have entered into a joint venture with Rolling Hills Oil and Gas LLC of North Dakota (RR) to obtain financing for two 20,000 foot Completion and work over rigs. The joint venture calls for Rolling Hills to arrange funding from one of their equipment lines, and PTOG would, once [...]