Continental Resources Archive
28 Feb 2010
Active Drilling Rigs – Feb 28th 2010
Drilling rig activity is heating up in the Bakken Region. The latest count is up 8 from about 3 weeks ago to 96. EOG (EOG: 135.59 0.00%) leads the pack with 13 rigs and CLR (CLR: 87.62
27 Jan 2010
Active Drilling Rig List – Jan 27, 2010
The active drilling rigs increased 12% to 88 from a count of 78 just 3 weeks ago. The pace of drilling has increased and the bigger players are expanding their footprints. Both Continental Resources (CLR) ,
28 Jul 2009
July – Active Drilling Rig Report
The rig count is currently at about 40 and has fallen dramatically since the Nov 08 count in the mid nineties. It looks like both EOG and Continental both scaled back dramatically while Whiting continued drilling
30 Oct 2008
Strong Follow Through
Our recent cycle of successive groundhog days have temporarily ceased with solid upticks over the last 3 trading days. Oil saw a temporary bottom around $59 a few days ago and has bounced strongly off that mark
28 Aug 2008
Active Drilling Report – August 28, 2008
The latest Active Drilling Report shows that the number of Active Drilling Rigs has increased by 4 over the last report. Continental is still far and away the leader with 18% of all Active Drilling Rigs with
6 Aug 2008
August 6, 2008 – Active Drilling Rig Report
The latest active drilling rig report shows an increase of 3 rigs from the last report that we posted about 2 weeks ago. Continental still holds the lead and increased their number to 15 from 13 and
29 Jul 2008
Continental Resources in the CLR
UPDATE: Although the numbers were solid, CLR sold off today and is down to around $55 a share which is less than expected 10x 2009 earnings. Beware as when BEXP and EOG report in the next day
10 Jun 2008
Continental Resources (CLR) plugged by Analyst Note
Today, Deutsche Bank analyst Shannon Nome came out with a negative note on Continental Resources (CLR) stating in a note to clients that shares have seen a 167 percent jump year-to-date, which outpaces the average section gain