
Harold Hamm’s rationale for the move is that the market is now more of a hindrance than a help to his company and its ambitions to continue to explore, according to an email he sent Continental Resources employees. (Source: Hart Energy, Continental Resources Inc.)
Subscribe now to get unmatched and complete coverage of the Energy industry’s entire landscape!
View our subscription options-
Access to site wide content
-
Access to our proprietary databases
-
Watch exclusive videos with energy executives
-
Unlimited access to an extensive library of Playbooks, Techbooks, Yearbooks, supplements, and special reports
-
Newly Added! Access to Rextag's Energy Datalink, containing extensive GIS databases of energy assets, production records, processing capacities, physical locations, planned projects, acquisition records, and much more.
Recommended Reading
Anschutz Exploration Shares Secret to Powder River Basin Success
2022-06-29 - Anschutz Exploration CEO Joe DeDominic shared the private producer’s strategy how to succeed in the Powder River Basin at Hart Energy’s DUG Bakken and Rockies conference.
VTX Energy to Spend Billions on Acquisitions as Capital Providers Remain on Sidelines
2022-05-19 - The flight of capital from the E&P space is among the limiting factors keeping the U.S. from responding to the growing global demand for crude and natural gas, VTX Energy CEO Gene Shepherd told DUG Permian and Eagle Ford attendees.
Grey Rock Agrees to $1.3 Billion Business Combination with Paul Ryan-backed SPAC
2022-05-16 - Grey Rock will contribute oil and gas assets in the Permian Basin, Bakken, Eagle Ford Shale, D-J Basin and Haynesville Shale plays to form Granite Ridge Resources.
Permian Operators Colgate, Centennial to Combine in $7 Billion Merger
2022-05-19 - The $7 billion “merger of equals transaction” of Centennial Resource Developement and Colgate Energy will create the largest pure-play E&P company in the Delaware Basin of the Permian.
HighPeak Energy to Acquire Hannathon Permian Properties for $373.4 Million
2022-04-27 - The Hannathon acquisition adds roughly 18,600 net acres largely contiguous to the company’s existing Signal Peak position in the Permian Basin where Chairman and CEO Jack Hightower said HighPeak began its strategic expansion last August.