Continental Resources' net income soared on continued production growth

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By Jack Money Business Writer jmoney@oklahoman.comContinental Resources earned total revenues of about $1.28 billion during the third quarter of 2018 as it grew its crude oil production during the period. A third quarter earnings release posted by the company Monday after markets closed also showed it had boosted its net income significantly — earning $314 million, compared to about $10.6 million in the third quarter of the previous year. Its top executives said Monday they expected those trends to continue as Continental closes out the year. "With up to 70 of our forecast Bakken wells and up to 18 SpringBoard wells scheduled to be completed by year end, Continental anticipates a strong wave of oil-weighted production growth," CEO Harold Hamm...

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Continental Resources' net income soared on continued production growth

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