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Friday, Aug 10
2012, 4:48 PM
Continental Resources (CLR) shareholders ratify the purchase of Wheatland Oil assets. The...
Continental Resources (CLR) shareholders ratify the purchase of Wheatland Oil assets. The purchase covers all leases and wells in a defined portion of the Bakken play pursuant to a participation agreement effective January 1, 2002. The transaction is expected to be completed on August 13 by the transfer of approximately 3.9M shares of Continental Resources common stock to the owners of Wheatland Oil.