Continental Resources (CLR) released an operations update on its exploration and development activities in the Western United States where the company has acreage prospective for the Niobrara Shale in Wyoming and Colorado.
Continental Resources has 73,009 net acres located in Weld County, Colorado, and in Platte, Laramie and Goshen counties in Wyoming. The company said that it would start drilling the Newton 1-9H well in December 2010. This is the company’s first horizontal well and is located in Weld County.
Continental Resources plans to complete the Newton 1-9H well with a 9200 foot lateral. If the well is successful, the company plans further wells in the second quarter of 2011.