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Continental Resources, Inc. (CLR)

- NYSE
  • Nov. 8, 2012, 8:28 AM
    Continental Resources (CLR) announces agreements to purchase Bakken producing and undeveloped assets for $650M and to sell its producing crude oil and natural gas properties and supporting assets in its East Region for $125M. The Bakken property includes leasehold of ~12K net acres and production of ~6,500 boe/day.
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  • Aug. 10, 2012, 4:48 PM
    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.
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  • Mar. 28, 2012, 7:43 AM
    Continental Resources (CLR) buys oil fields in North Dakota and Montana from Wheatland Oil for $340M. To help fund the deal, the company plans to issue up to 4.25M shares of common stock in a price range of $80-$87.18 per share, pending shareholder approval.
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CLR vs. ETF Alternatives
Company Description
Continental Resources Inc is an independent crude oil and natural gas exploration and production company with properties in the North, South and East regions of the United States.