South Korean company takes stake in Oklahoma shale basin
Oklahoma City (UPI) Oct 27, 2014 - U.S. shale player Continental Resources said Monday it has signed a deal with a South Korean company to develop its gas assets in Oklahoma. Continental, which has headquarters in Oklahoma City, announced it sold 49.9 percent of its stake in the Northwest Cana Woodford shale basin to South Korean conglomerate SK Group for roughly $360 million. "We are excited to establish this joi ... more

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