CLR Press Release Previously Announced: More Detail

This deal was announced back in November, 2012, but this press release provides a bit more "granularity," as the analysts say. Smile.

Several data points were noted in the press release. This one I appreciated the most:

Continental believes the entire acquisition area of 119,218 net acres has potential for deeper Three Forks development, based on three strategically placed cores taken in 2011.

Click on the "Snapshot" tab at the top of the blog for a quick look at CLR's recent history.

Read more here: http://www.sacbee.com/2012/12/20/5068073/continental-resources-strengthens.html#storylink=cpy