Test results boost Continental's stock

 
By Jack Money
Published: May 21, 2008

ENID — Continental Resources ' stock shot up by 23 percent Tuesday after company officials reported initial results from another completed well in the Bakken Shale.

The Bice 1-29H, completed in the Three Forks/Spanish formation in North Dakota , produced nearly 700 barrels of oil a day during its first week of operation, officials said. The significance of Tuesday's announcement, they added, is that the well pene...


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