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Continental Resources Inc Issues FY 2014 Production Guidance; Reaffirms FY 2013 Production Guidance

Tuesday, 10 Sep 2013 04:05pm EDT 

Continental Resources Inc announced that for fiscal 2014, it expects to increase total crude oil and natural gas production in a range of 26% to 32%, based on non-acquisition capital expenditures of $4.05 billion. Continental expects average daily production in 2014 will be in a range of 170,000 to 180,000 barrels of oil equivalent (Boe) per day, with an exit rate for December 2014 of approximately 200,000 Boe per day. The Company also re-affirmed its fiscal 2013 production growth rate of 38% to 40%. 

Company Quote

-1.15 -1.99%
24 Oct 2014