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Continental Resources (CLR -1.7%), the Bakken's top producer and leaseholder, says it increased...
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Thursday, January 24, 10:47 AM ETContinental Resources (CLR -1.7%), the Bakken's top producer and leaseholder, says it increased its year-end 2012 proved reserves 54% to 785M boe (72% oil). CLR's Bakken proved reserves totaled 564M boe, almost double proved reserves in the play at the end of 2011. Q4 production was ~9.8M boe, or 106,831 boe/day, a 42% Y/Y gain and the 19th straight quarterly rise.
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