Continental Resources Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

Continental Resources Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Continental Resources Inc. and its competitors. This provides our Clients with a clear understanding of Continental Resources Inc. position in the Energy Industry.

• The report contains detailed information about Continental Resources Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Continental Resources Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Continental Resources Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Continental Resources Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Continental Resources Inc. business.

About Continental Resources Inc.

Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the North, South and East regions of the United States. As of December 31, 2009, the company’s proved reserves were 257.3 MMBoe, with estimated proved developed reserves of 113.6 MMBoe, or 44% of total estimated proved reserves.

Crude Oil and Natural Gas Properties and Projects

North Region

The company’s principal producing properties in this region are in the Red River units, the Bakken field and the Big Horn Basin.

Red River Units

The 8 units comprising the Red River units are located along the Cedar Creek Anticline in North Dakota, South Dakota and Montana and produce crude oil and natural gas from the Red River ‘B’ formation, a thin, continuous, dolomite formation at depths of 8,000 to 9,500 feet. The company’s Red River units comprise a portion of the Cedar Hills field.

Cedar Hills Units: The Cedar Hills North unit (CHNU) is located in Bowman and Slope Counties, North Dakota. As of December 31, 2009, the company had drilled 226 horizontal wells within this 49,700-acre unit, with 111 producing wellbores and the remainder serving as injection wellbores. The company operates and owns a 98% working interest in the CHNU.

The Cedar Hills West unit (CHWU), in Fallon County, Montana, is contiguous to the northern portion of CHNU. As of December 31, 2009, this 7,800-acre unit contained 11 horizontal producing wells and 6 horizontal injection wells. The company operates and owns a 100% working interest in the CHWU.

Medicine Pole Hills Units: The Medicine Pole Hills units (MPHU) are approximately five miles east of the southern portion of the CHNU. The company operates and owns an average 77% working interest in the three units.

Buffalo Red River Units: Three contiguous Buffalo Red River units (Buffalo, West Buffalo and South Buffalo) are located in Harding County, South Dakota, approximately 21 miles south of the MPHU. The company operates and owns an average working interest of 95% in the 32,900 acres comprising the three units.

Bakken Field

The company controls one of the acreage positions in the Bakken field of Montana and North Dakota with approximately 1,425,500 gross (645,300 net) acres as of December 31, 2009. As of December 31, 2009, the company had completed 413 gross (183.3 net) wells in the Bakken field. As of December 31, 2009, the company had 1,212,400 gross (481,800 net) acres in the North Dakota Bakken field, of which 20% of the net acreage is developed and 80% of the net acreage is undeveloped.

Big Horn Basin and Other Rockies

The company’s principal property in the Big Horn Basin, the Worland field, produces primarily from the Phosphoria formation. It also has several other ongoing projects in the Rockies, including conventional 3D defined Red River and Lodgepole structures in North Dakota and Montana and horizontal Fryburg opportunities in North Dakota.

South Region

The company’s principal producing properties in this region are located in the Anadarko and Arkoma Basins of Oklahoma, various basins of Texas and Louisiana.

Conventional Anadarko Basin and Gulf Coast

The company’s conventional producing properties in the Anadarko Basin and Gulf Coast areas include assets in Oklahoma along the Anadarko Basin Shelf, the Jefferson Island Salt Dome in Iberia Parish, Louisiana and the producing properties in Nueces County, Texas.

East Region

The company’s principal producing properties in this region are located in the Illinois Basin, Michigan Basin, and portions of the Appalachian Basin in the eastern United States.

Customers

The company primarily sells crude oil production to end users at major market centers. Other production is sold to select midstream marketing companies or crude oil refining companies at the lease. As of December 31, 2009, the company’s major customer was Marathon Crude Oil Company.

History

Continental Resources, Inc. was founded in 1967.