Oklahoma's Continental Resources: Earnings Down, Rise in Production

Summary


Continental Resources on Thursday reported a drop in net income for the second quarter.

Net income for the quarter totaled $13.5 million, or 8 cents per diluted share, down from $127.3 million, or 75 cents per diluted share, for the second quarter of 2008.

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Extract


Oklahoma's Continental Resources: Earnings Down, Rise in Production

Results for this year's second quarter included of a pre-tax property impairment charge of $23.3 million and gains on natural gas fixed p...

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