Has anyone heard from Continental Resources? Have they permitted any wells to be drilled? Are they still in the area? Their landman that was trying to get us to sign was saying that once they aquired 640 acres they were going to start drilling in Claiborne Parish. That was 4 months ago.
Could they be holding their acreage (20,000 acres) to sell it to one of the Major Oil companies?
We are alive and well, at this time we have been downsized to about 20 people. And doing run sheets getting ready to drill. We are leasing at the moment. But since Continental is debt free we will not have to worry about securing loans to continue.
Is your company waiting on the 3D seismic that was just completed in some of your leasehold in Claiborne Parish? Glad to see CR is still here. What happened to drilling immediately after aquiring 640 acre units? Just curious to hear your perspective.