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Continental Resources: A Key Player in the Bakken
In the ever-evolving landscape of energy production, Continental Resources stands out as a formidable player in the Bakken region, a significant oil-producing area in North Dakota. As one of the foremost leaseholders in the region, Continental Resources offers intriguing prospects for investors looking to capitalize on the shale boom.
The Growth Story
Continental Resources has cemented its status as a pivotal entity in the Bakken due to its early strategic land acquisitions during the drilling boom. The company has amassed extensive drillable land, allowing it to project production growth rates of 20-24% for the year, which is exceptional considering its scale.