Continental Resources Purchases Land In The Bakken Field

ccording to a press release, Continental Resources, Inc. has completed the acquisition of 119,218 net acres in the Bakken field, primarily in Williams and Divide counties, North Dakota, from Samson Resources Company for $649.3 million in cash, subject to post-close adjustments. The acquisition includes production of approximately 6,500 barrels of oil equivalent per day (Boepd), of which 82 percent is crude oil.

To read the entire press release please go to: http://www.contres.com.

 

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