Oklahoma still an oil, gas state

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BY JAY F. MARKS jmarks@opubco.com

Oklahoma is continuing to live up to its reputation as an oil and natural gas state in 2012.

Drilling activity has increased this year as producers found opportunities to search for oil after natural gas prices hit decade-low levels in the spring.

“Our 2012 activity level in Oklahoma has averaged about seven rigs for the year, and we have made a major shift out of gas-prone areas into our new SCOOP area, which we feel will become a large, repeatable, oil-prone resource play,” Continental Resources Inc.Read more on NewsOK.comread more

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