Continental Resources (CLR) reported operational data for the fourth quarter of 2010 on its properties in Montana, where the company is developing the Bakken formation on its acreage. The company has 165,316 net undeveloped acres under lease in Montana.
Continental Resources reported the completion of the Tolksdorf 1-1H and Baxter 1-5H wells in Richland County, Montana. The company reported initial production test rates of 642 gross barrels of oil equivalent (BOE) per day and 412 gross BOE per day, respectively.
Continental Resources participated in 11 gross or 5.5 net wells into the Bakken formation on its acreage in Montana during 2010. The company has completed 171 gross or 108.6 net Bakken wells in Montana since entering the play.