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Articles by Continental Resources
Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela's Orinoco Belt
, /PRNewswire/ -- Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions. The parties intend to advance a long-term Contrato de Participación Productiva (CPP) agreement in the coming weeks.
Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela's Orinoco Belt
OKLAHOMA CITY, Sept. 16, 2026 /PRNewswire/ -- Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions. The parties intend to advance a long-term Contrato de Participación Productiva (CPP) agreement in the coming weeks.
Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela's Orinoco Belt
, /PRNewswire/ -- Continental Resources, Inc. (Continental) today announced the signing of a Memorandum of Understanding (MOU) with Petróleos de Venezuela, S.A. (PDVSA) to operate and develop the Ayacucho 2 Block in Venezuela's Orinoco Oil Belt, one of the world's most prolific oil-producing regions. The parties intend to advance a long-term Contrato de Participación Productiva (CPP) agreement in the coming weeks.
Continental Resources Significantly Expands Permian Basin Position with Acquisition of FireBird Energy II
, /PRNewswire/ — Continental Resources (“Continental”) today announced it has entered into an agreement to acquire FireBird Energy II LLC (“FireBird”), a portfolio company of Quantum Capital Group (“Quantum”). The acquisition of FireBird, which owns approximately 54,000 net acres in the Midland Basin, significantly expands Continental’s Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations.
Continental Resources Significantly Expands Permian Basin Position with Acquisition of FireBird Energy II
, /PRNewswire/ — Continental Resources (“Continental”) today announced it has entered into an agreement to acquire FireBird Energy II LLC (“FireBird”), a portfolio company of Quantum Capital Group (“Quantum”). The acquisition of FireBird, which owns approximately 54,000 net acres in the Midland Basin, significantly expands Continental’s Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations.
Continental Resources to Acquire 50% Interest in Phoenix Global Resources, Forming Joint Venture Operating Company with Mercuria Energy Group
Key Highlights: JV creates a Vaca Muerta portfolio spanning approximately 163,000 net acres across six blocks Greater than 28 kboepd of current production with a path to more than 100 kboepd Greater than $4 billion in expected capital deployment over the next five years , /PRNewswire/ -- Mercuria Energy Group ("Mercuria") held Phoenix Global Resources ("Phoenix") today announced that Continental Resources ("Continental") has signed a Heads of Agreement ("HOA") outlining a proposed transaction...
Mercuria Americas and Continental Resources Announce Partnership to Build 452 MW Power Plant in Permian Basin
, /PRNewswire/ -- Two leading American energy companies, Mercuria Americas and Continental Resources, today announced a partnership to build the Pecos Power Plant, a 452 MW gas-fired power plant in Pecos, Texas. The partnership reflects a shared commitment to strengthening U.S. energy independence by expanding reliable, domestic power generation and supporting accelerating demand across the ERCOT grid.
Mercuria Americas and Continental Resources Announce Partnership to Build 452 MW Power Plant in Permian Basin
, /PRNewswire/ -- Two leading American energy companies, Mercuria Americas and Continental Resources, today announced a partnership to build the Pecos Power Plant, a 452 MW gas-fired power plant in Pecos, Texas. The partnership reflects a shared commitment to strengthening U.S. energy independence by expanding reliable, domestic power generation and supporting accelerating demand across the ERCOT grid.
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