Friday 6 May 2016

Continental Resources betting on market rebound


OIL AND GAS
Continental Resources betting on market rebound Oklahoma City (UPI) May 5, 2016 - U.S. shale oil player Continental Resources said it expected its production to recover during the second half of the year on the back of market improvements. Harold Hamm, the CEO who steered his company squarely into the heart of the North Dakota oil boom, said new shale production was robust enough to raise expectations for the year without increasing spending. "We are managing ... more

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