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Continental's Q1 Wells Crush Type Curve Across Bakken, STACK/SCOOP

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Continental's Q1 Wells Crush Type Curve Across Bakken, STACK/SCOOP

Continental released its Q1 2017 report and highlights from the conference call and release include:

Bakken Wells Exceed Type Curve / Two More Stim Crews to be Added (9 total):

Bakken Wells Exceed 980 MBoe EUR Type Curve by an Average 65% in First 30 Days

Included in this group are four wells with record 30-day production rates:

1,853 Boe per day (79% oil) from a 9,400-foot lateral (Akron Federal 7-27H); 1,833 Boe per day (79% oil) from a 9,700-foot lateral (Radermecher 2-22H1); 1,618 Boe per day (78% oil) from a 9,500-foot lateral (Radermecher 4-22H2); and 1,543 Boe per day (79% oil) from a 10,100-foot lateral (Charlotte 7X-22H).

In the conference call, VP Jeff Hume commented: "We plan to add an eight stim crews this month and our ninth stim crew by midyear to accelerate our…

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