Continental Resources, Inc. is an American oil and natural gas exploration and production company based in Oklahoma City. The company is currently headquartered in the building that was formerly known and occupied by Devon EnergyC...
See More urrent operationsThe company has large holdings in the Bakken formation tight oil area of North Dakota and Montana, the Niobara formation, the Anadarko Woodford Play of Oklahoma, and the Red River Units Play of North Dakota, South Dakota, Montana, and Wyoming.In the fourth quarter of 2015, total production was 225e3BOE per day, of which 65% was oil and 35% was natural gas.HistoryIn 1967, Harold Hamm founded Shelly Dean Oil Co., Continental’s predecessor.In 1990, the company was renamed Continental Resources.In 1995, Continental discovered what was later described as the Cedar Hills Field in North Dakota – the 7th largest onshore field in the lower 48 United States ranked by liquid proved reserves – and is the first to develop it exclusively through precision horizontal drilling.In 2003, Continental drilled its first wells in the Bakken formation.In 2004, Continental completed the Robert Heuer 1-17R in Divide County, the 1st commercially successful well in the North Dakota Bakken to be both horizontally drilled and hydraulic fracture stimulated.