Percentage of natural gas flared in North Dakota fell 4 percentage points in July to 26%, state regulators said today
ND natural gas production also hit all-time high, at 1.3 million cubic-feet/day in July
North Dakota’s oil production jumped 5 percent in July to an all-time high of 1.1 million barrels/day, state regulators said today
Bott also will see early vesting of 50,000 shares of restricted stock that hadn’t been set to vest until November $CLR
Sept 11 (Reuters) – Continental Resources Inc, the
largest oil producer in North Dakota’s Bakken shale formation,
said on Thursday that Rick Bott, its president and chief
operating officer, has resigned to pursue other opportunities.
Bott, 54, was widely seen as the probable successor to
Continental Chief Executive Officer Harold Hamm. His departure
leaves a talent gap at the top of the company, widely seen as
one of the leaders in the development of oil-rich shale
formations around the nation.