Market Overview

Continental Resources Announces New Five-Year Plan To Triple Production And Proved Reserves


Continental Resources, Inc. (NYSE: CLR) announced today a new five-year growth plan to triple production and proved reserves by year-end 2017. According to its strategic growth plan, the Company plans to generate average production of 300,000 barrels of oil equivalent per day in 2017.

The Company reported average production of 94,852 Boepd for the second quarter ended June 30, 2012.

The Company is holding its 2012 Investors Day in Oklahoma City beginning at 8 a.m. CT, Tuesday, Oct. 9, 2012. Presentation slides will be available and the meeting will be web cast on Continental's web site at beginning at 8 a.m. CT the day of the meeting.  

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