Bakken Formation
The Bakken Formation is a rock unit occupying a substantial part of the subsurface of the Williston Basin, in Montana, North Dakota, and Saskatchewan and is believed to hold a significant amount of oil shale. The state of North Dakota released a report in April 2008 that estimated there are 167 billion barrels of oil in the Bakken. However, the report also concluded that current technology could only extract 1% or 2.1 billion barrels from the Bakken. In report published by the USGS in April 2008, the amount of technically recoverable oil in the Bakken Formation is at 3.0 to 4.3 billion barrels.
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Continental Resources Increases Daily Production 23 Percent in Third Quarter 2011 Compared With Second Quarter 2011
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Continental Resources (CLR) Expects to Achieve Upper-End of FY11 Growth Outlook
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Cramer: Continental Resources (CLR) is 'Too Cheap' Given Opportunity
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Global Hunter Securities on Exploration & Production: Bakken Bits V: You Want Oil Growth? Here You Go
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Canaccord Genuity reiterates a 'Buy' on Continental Resources (CLR); Raising PT on Higher H2/11 Oil Production Outlook
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Canaccord Genuity on Energy: Oil and Gas, Exploration and Production - Q2/11 E&P Recap
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Canaccord Genuity Reiterates a 'Buy' on Continental Resources (CLR); Continued Bakken/Cana Execution and Delineation
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Global Hunter Securities Upgrades Continental Resources (CLR) to Buy
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Canaccord Genuity Upgrades Continental Resources (CLR) to Buy; on Valuation, Bakken Execution/Extension
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Ticonderoga Maintains a 'Buy' on Continental Resources (CLR); First Look—1Q Results Reaffirm Strong Growth Outlook, Superior Profitability
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Global Hunter Securities Downgrades Whiting Petroleum (WLL) to Neutral
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Global Hunter Securities Downgrades GeoResources (GEOI) to Neutral
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Global Hunter Securities Downgrades Continental Resources (CLR) to Accumulate
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UPDATE - Global Hunter Securities Upgrades Continental Resources (CLR) to Buy; Mo' Money for Mo' Drilling
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Ticonderoga Maintains a 'Buy' on Continental Resources (CLR); Raises 2011 Production and CAPEX Guidance Behind Equity Offering
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Global Hunter Securities Downgrades Continental Resources (CLR) to Neutral; Valuation Call
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Ticonderoga Raises Numbers on Continental Resources (CLR); Growth & Profitability Increasing Value for Shareholders
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Ticonderoga on Oil & Gas: Earnings Results Thus Far Give Strong Read-Through for Buy-Rated CLR & WLL
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Barclays on North America Oil & Gas E&P: Niobrara Oil Shale - Near-Term Catalysts
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Ticonderoga Securities maintains a 'Neutral' on Continental Resources (CLR); Analyst Day: Capex Rising to Fund the Growth
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Continental Resources (CLR) expects 30 percent rise in production
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Continental Resources (CLR) Increases CapEx to $1.3B, Amends Restated Credit Agreement
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Wells Fargo Upgrades Continental Resources (CLR) to Market Perform; Dramatic Sell-Off In Oil Driving New Stance
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UBS Lifts Price Target on Continental Resources (CLR) to $46
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Wells Fargo Starts Continental Resources (CLR) at Underperform
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Brigham Exploration (BEXP): Upgraded to Strong Buy from Underperform at Raymond James
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KeyBanc Initiates Coverage on Continental Resources (CLR); Great Story, Strong Management - Waiting for Better Entry Point
