Continental Resources

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?

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Permalink Reply by Jaybird on October 16, 2008 at 6:04
Anyone?
Permalink Reply by Snake Stewart on October 16, 2008 at 14:32
Not lately G.C.S.
Permalink Reply by Jaybird on October 16, 2008 at 15:29
I guess they left the building! :o)
Permalink Reply by Foxiecajun on October 16, 2008 at 15:36
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.
Permalink Reply by Snake Stewart on October 16, 2008 at 15:54
Glad to here things are going o.k. for you and yours Foxiecajun.
Permalink Reply by Cathaus on October 16, 2008 at 15:57
We are alive and well in the North Shreveport area Foxie. Why don't you bring your lease agreement and come on over?!??!?
Permalink Reply by Foxiecajun on October 16, 2008 at 16:00
OOPS some how I left the NOT out ! We are NOT leasing at the moment.
Permalink Reply by Foxiecajun on October 16, 2008 at 16:01
No we are not in Caddo. Desoto and Claiborne.
Permalink Reply by Bobi Carr ("parker") on October 16, 2008 at 16:11
Foxiecajun,

What is a run sheet?

Is that the list of owners and interested parties?
Permalink Reply by Cathaus on October 16, 2008 at 16:01
RATTTTTTTTTZZZZZZZZZZZZZZzz
Permalink Reply by Jaybird on October 16, 2008 at 16:16
Foxiecajun,

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.
Permalink Reply by Foxiecajun on October 17, 2008 at 2:12
Right now we are working in Desoto, which we have had the longest.

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