Continental Resources President Says Wells Are Oily

The video discusses Continental's updated production guidance, highlighting a 5% increase in production with reduced costs. It analyzes oil production, pricing, and the balance between oil and gas output. The video also covers Continental's asset locations, focusing on the Bakken, STACK, and SCOOP plays, and their oil content. Future production plans include drilling new wells and completing drilled but uncompleted wells.

What percentage increase in production did Continental achieve over their previous guidance?

• 7%

• 10%

• 5%

• 3%

What is the current daily oil production of Continental?

• 250,000 barrels

• 200,000 barrels

• 226,000 barrels

• 125,000 barrels

Which of the following plays is NOT mentioned as a leading position for Continental?

• Bakken

• STACK

• SCOOP

• Permian

What percentage of oil content is found in the Bakken play?

• 70%

• 82%

• 90%

• 95%

How many rigs will Continental be using in the second half of the year?

• 10

• 15

• 18

• 20