Editor Note: For more information about this release, please scroll to bottom. LONDON, December 15, 2014 /PRNewswire/ -- Investor-Edge has initiated coverage on the following equities: Cabot Oil and Gas Corporation (NYSE: COG), Oasis Petroleum Inc. (NYSE: OAS), Sanchez Energy Corp. (NYSE: SN), Noble Energy Inc. (NYSE: NBL), and [...]
TULSA, Okla., Nov. 12, 2014 /PRNewswire/ -- Velocity Midstream Partners, LLC ("Velocity") announced that Velocity Central Oklahoma Pipeline LLC, a wholly owned subsidiary of Velocity, will construct a crude oil gathering and transportation system in the fairway of the prolific SCOOP play in central Oklahoma. Continental Resources Inc. (NYSE: CLR [...]
Third Quarter 2014 EBITDAX of $948 Million; Adjusted Net Income Totaled $301 Million, or $0.81 per Diluted Share Production Increased 14,382 Boe per Day to Average 182,335 Boe per Day, a 9% Increase Compared to Second Quarter 2014 Recently Monetized Substantially All Outstanding Crude Oil Hedges for Proceeds of $433 Million 2015 Capital Expenditure [...]
LONDON, November 4, 2014 /PRNewswire/ -- Oil prices have dropped 25% as production continues to rise and demand slumps, prompting some analysts to forecast decline in US shale activity, but these arm-chair pundits are getting ahead of themselves: American oil and gas producers have been through down times before and they know how to dig in. Energy [...]
OKLAHOMA CITY, Oct. 27, 2014 /PRNewswire/ -- Continental Resources Inc. ("Continental" or the "Company") (NYSE: CLR) announced today it has formed a joint venture with a wholly-owned U.S. subsidiary of SK E&S Co. Ltd ("SK") to jointly develop a significant portion of Continental's Northwest Cana Woodford natural gas assets, primarily in Blaine and [...]
Completions Confirm Strong Productivity in Recently Announced Discovery Early Production Averages 79% Crude Oil OKLAHOMA CITY, Oct. 23, 2014 /PRNewswire/ -- Continental Resources Inc. ("Continental" or the "Company") (NYSE: CLR) today announced continued success in its recently unveiled Springer play in the South Central Oklahoma Oil Province [...]
Earnings Conference Call Scheduled for Thursday, November 6, 2014 at 12:00 p.m. ET OKLAHOMA CITY, Oct. 9, 2014 /PRNewswire/ -- Continental Resources Inc. (NYSE: CLR) ("Continental" or the "Company") plans to announce third quarter 2014 earnings on Wednesday, November 5, 2014 following the close of trading on the New York Stock Exchange. The [...]
Bakken Net Unrisked Resource Potential Totals 4.1 Billion Boe, More Than 17x Greater than Current Bakken Proved Developed Reserves Updated SCOOP EUR and Returns Provide Exceptional Platform for Continued Growth New Oil Discovery in Springer Shale Located in the Heart of SCOOP Increasing Capital Expenditures in Second Half of 2014 for Higher [...]
OKLAHOMA CITY, Sept. 17, 2014 /PRNewswire/ -- Continental Resources Inc. ("Continental" or the "Company") (NYSE: CLR) announced today that Jack Stark has been appointed President and Chief Operating Officer by the Company's Board of Directors. Stark joined the Company in 1992 and has served as Continental's Senior Vice President of Exploration [...]
OKLAHOMA CITY, Sept. 11, 2014 /PRNewswire/ -- Continental Resources Inc. ("Continental" or the "Company") (NYSE: CLR) announced today that W.F. "Rick" Bott, President and Chief Operating Officer, resigned to pursue other opportunities. His duties will be absorbed by senior management. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO [...]
OKLAHOMA CITY, Aug. 18, 2014 /PRNewswire/ -- Continental Resources Inc. ("Continental" or the "Company") (NYSE: CLR) announced today that its Board of Directors declared a two-for-one stock split of the Company's common stock to be issued in the form of a stock dividend. The additional shares will be distributed on September 10, 2014 to [...]
Record EBITDAX of $868 Million; Adjusted Net Income Totaled $277 Million, or $1.50 per Diluted Share Production Increase of Approximately 15,500 Boe per Day to an Average of 167,953 Boe per Day, a 10% Increase Compared to First Quarter 2014; Bakken and SCOOP Production Up 11% and 17% Sequentially Enhanced Completions Continue to Show Increased [...]