Continental Resources (CLR) disclosed in February it was committing $95M to an unnamed oil...

|About: Continental Resources, Inc. (CLR)|By:, SA News Editor

Continental Resources (CLR) disclosed in February it was committing $95M to an unnamed oil pipeline, but it turns out the pipeline is a $300M project being developed by a partnership controlled by founder Harold Hamm and his family. Directors say the deal was fully vetted to avoid conflicts of interest, but investors are growing increasingly wary of close ties between energy companies and their executives.