Continental Resources Agrees to Harold Hamm’s Boosted Take-private Offer
Transaction Type
Sellers
Buyers
Basin
Williston Basin; Anadarko Basin; Powder River Basin; Permian Basin
Announce Date
Post Date
Estimated Price
$4,300.0MM
Description
To acquire Oklahoma City-based Continental with shale assets across the Bakken of ND and MT, Anadarko Basin of OK, Powder River Basin of WY and Permian Basin in W TX; merger agreement is a take-private offer by entity owned by founder and chairman Harold Hamm. (Expected to close by year-end)