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Monday, December 3, 2012

CLR Press Release: Successfully Completes TF3

This is the third bench of the Three Forks.
Continental Resources, Inc. (NYSE: CLR) announced today it successfully completed the Charlotte 3-22H (91% WI), the first horizontal well to test the third bench (TF3) of theThree Forks zone in the Bakken field of North Dakota and Montana. 
The Charlotte 3-22H flowed 953 barrels of oil equivalent per day (Boepd) at 1700 psi on a 28/64 choke in its initial one-day test period. Located in McKenzie County, North Dakota , it was drilled to a total depth of 21,324 feet, including a 9,701-foot lateral section, and was completed with Continental 's standard 30-stage fracture stimulation design.

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