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Harold Hamm to keep Continental Resources stock

Billionaire oilman Harold Hamm can keep his controlling interest in Oklahoma City-based Continental Resources Inc. as part of any settlement of his ongoing divorce case, a judge has ruled.
by Adam Wilmoth Modified: March 4, 2014 at 10:12 pm •  Published: March 5, 2014
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Sue Ann Hamm has asked for depositions of more than 60 Continental employees and directors, and the company has produced more than 631,000 pages of documents, the filing stated.

Records that have not been sealed in the case show Sue Ann Hamm’s attorneys have asked Continental Resources to produce documents, along with files from several private companies in which Hamm has an ownership stake.

The Hamms married in Las Vegas in 1988.

Harold Hamm became a billionaire overnight in May 2007 when Continental became publicly traded. At the time of Continental’s initial public offering, his stake in the company was worth more than $2 billion.

The stock price has since ballooned 724 percent, and Harold Hamm still owns about 68 percent of the shares.

Oklahoma County court records show the divorce petition was filed under seal May 18, 2012, with “Jane Doe” as the plaintiff.

CONTRIBUTING:

Business Writers

Brianna Bailey and

Paul Monies

by Adam Wilmoth
Energy Editor
Adam Wilmoth returned to The Oklahoman as energy editor in 2012 after working for four years in public relations. He previously spent seven years as a business reporter at The Oklahoman, including five years covering the state's energy sector....
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