Continental's Stark on Earnings, Crude Output Forecasts

The transcript discusses Continental's oil production increase, cost management, and future growth potential. It highlights the company's ability to increase production while reducing costs, the scalability of its assets in the SCOOP and STACK regions, and the availability of fracking crews and talent. The discussion also covers cash flow neutrality and the company's approach to hedging.

What was the percentage increase in Continental's production guidance for 2017?

• 5%

• 3%

• 7%

• 10%

Which of the following plays is NOT mentioned as one of Continental's top oil plays?

• SCOOP

• STACK

• Bakken

• Permian

What percentage of oil is found in the Bakken play according to the transcript?

• 70%

• 82%

• 95%

• 90%

What is a concern regarding the SCOOP and STACK plays?

• Scalability compared to Bakken and Permian

• High production costs

• Lack of oil reserves

• Environmental regulations

How does Continental manage cost inflation according to the transcript?

• By outsourcing operations

• By increasing production

• By reducing the number of rigs

• By having rigs under contract

What was the reason given for Tony Marc Maron's departure?

• He was promoted

• He resigned

• He retired

• He was transferred

What is Continental's approach to hedging production?

• They do not hedge

• They hedge selectively

• They hedge extensively

• They hedge only in emergencies