Continental Resources Inc (Continental Resources) is an independent upstream oil and gas company. The company explores, develops and produces crude oil and natural gas. It operates in the onshore oil field, the Bakken of North Dakota and Montana; SCOOP plays in Woodford reservoir; SCOOP Springer oil reserve in southern Oklahoma; STACK oil reserve in Oklahoma; and Northwest Cana plays. The company utilizes advanced three-dimensional seismic, horizontal drilling, geosteering technologies for identifying new oil and natural gas reservoirs and developing and producing crude oil and natural gas reserves from unconventional formations in the US. Continental Resources is headquartered in Oklahoma, the US.
Headquarters
United States of America
Address
20 N Broadway, Oklahoma City, 73102-9213
Website
www.clr.com
Telephone
1 405 2349000
No of Employees
1,254
Industry
Energy and Utilities
Revenue (2022)
$9.5B
Continental Resources Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Natural Gas |
| Crude Oil |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Purchase | In March, the company acquired oil and gas properties in the Anadarko Basin of Oklahoma for US$178 million. |
| 2022 | Contracts/Agreements | In October, the company agreed to be acquired by Omega Acquisition. |
| 2022 | Financing Agreements | In March, the company announced a strategic investment in Summit Carbon Solutions to create the largest carbon capture and sequestration project of its kind in the world. |
Competitor Comparison
| Key Parameters | Continental Resources Inc | EOG Resources Inc | Chesapeake Energy Corp | Abraxas Petroleum Corp | HighPoint Resources Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Oklahoma City | Houston | Oklahoma City | San Antonio | Denver |
| State/Province | Oklahoma | Texas | Oklahoma | Texas | Colorado |
| No. of Employees | 1,254 | 2,850 | 1,200 | 18 | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Harold G Hamm | Chairman | Executive Board | 1967 | - |
| William B. Berry | Advisor to Executive Chairman | Executive Board | - | - |
| Jeff B. Hume | Vice Chairman - Strategic Growth Initiatives | Executive Board | - | - |
| Robert D. Lawler | President; Chief Executive Officer | Senior Management | 2022 | - |
| John D Hart | Executive Vice President - Strategic Planning; Chief Financial Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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