Saturday, December 21, 2024
Continental Resources

Continental Continues to Core Up

Continental divests North Dakota and Montana assets for $222 million Continental Resources (ticker: CLR) announced the sale of non-core assets today for $222 million. The assets include 68,000 net acres in North Dakota and 12,000 net acres in Montana with 2,800 BOEPD of current production. The assets were sold to an undisclosed buyer, CLR said in their press release. The

Cimarex at EnerCom: Standing Room Only

It was standing room only when Tom Jorden, Cimarex Energy’s president and CEO, started running through the company’s business model and outlined its Anadarko basin and Delaware basin assets on day two of EnerCom’s 21st annual The Oil & Gas Conference® in Denver. “Re-investing our cash flow at the highest rate of return” is how Jorden stated the Cimarex mission.