Continental Resources boosts Bakken stake
BY ADAM WILMOTH Energy Editor awlmoth@opubco.com
Continental Resources Inc. on Thursday boosted its stake in the oil-rich Bakken field in North Dakota and Montana in a $649 million deal the Oklahoma City energy company said will increase production and reduce costs.
Also on Thursday, Continental sold most of its holdings in the Michigan and Illinois basins for $125 million.
Continental bought more than 119,000 net acres from Tulsa-based Samson Resources Co. Read more on NewsOK.comread more
Jodi Rave Spotted Bear
(Mandan, Hidatsa and Arikara Nation)Founder & Editor in Chief
Spoken Languages: English
Topic Expertise: Federal trust relationship with American Indians; Indigenous issues ranging from spirituality and environment to education and land rights
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