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Continental Resources: A Mineral Owner's Guide

What mineral owners need to know about the Bakken pioneer.

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Company Overview

Headquarters: Oklahoma City, Oklahoma

Status: Private Company (since 2022)

Company Type: Independent E&P

Primary Basins: Bakken, SCOOP/STACK, Permian

Status: Largest private U.S. oil company

Founder: Harold Hamm


Continental Resources is one of the most significant oil companies in American history, largely credited with pioneering the development of the Bakken Shale in North Dakota. Founded by Harold Hamm in 1967, Continental grew from a small Oklahoma company to one of the largest independent oil producers in the nation.

In 2022, the Hamm family took Continental private, removing it from public stock exchanges. As a private company, Continental continues to operate its extensive oil and gas assets while no longer being subject to quarterly reporting requirements.

Private Company Status (2022)

Continental went private in 2022 when the Hamm family acquired all publicly traded shares. As a mineral owner, this change doesn't affect your royalty payments or lease terms. Continental continues to operate normally - the main difference is reduced public disclosure about company financials and operations.

Primary Operating Areas

Bakken Shale (North Dakota & Montana)

Continental's legacy and largest operating area. They pioneered Bakken development and remain one of the largest operators in the play. Key counties include:

McKenzie County, ND - Core Bakken operations

Williams County, ND - Northern Bakken

Mountrail County, ND - Eastern Bakken

Dunn County, ND - Central Bakken

SCOOP & STACK (Oklahoma)

Continental has significant operations in Oklahoma's Anadarko Basin, including Canadian, Grady, Kingfisher, and Blaine counties.

Permian Basin

Continental expanded into the Permian Basin in recent years, adding Texas operations to their portfolio.

What Mineral Owners Should Know

Advantages

Bakken expertise: Unmatched experience in Bakken development

Oklahoma presence: Headquarters accessible to many mineral owners

Long-term focus: Private ownership allows longer-term thinking

Established operations: Decades of operational experience

Considerations

Private company: Less public information about company financials

No stock information: Cannot track company performance through stock price

Family ownership: Decisions concentrated among smaller group

Owner Relations Contact

Phone: 1-405-234-9000

Location: Oklahoma City, Oklahoma

Mail: Continental Resources, Inc., 20 N Broadway, Oklahoma City, OK 73102

Frequently Asked Questions

Continental Resources went private in 2022 when founder Harold Hamm and his family took the company private. As a private company, Continental is no longer subject to public financial reporting requirements, but they continue to operate normally and pay royalties to mineral owners.

Continental operates primarily in the Bakken Shale (North Dakota and Montana), SCOOP and STACK plays in Oklahoma, and has operations in the Permian Basin. They were the pioneer of Bakken development.

Continental's owner relations department can be reached at 1-405-234-9000. They are headquartered in Oklahoma City, making them accessible to many mineral owners in the region.

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Related Resources

Disclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Continental Resources. Contact information and company details may change.

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