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Continental Resources, Inc. announced that William Berry has been appointed Chief Executive Officer.
Continental's Founder and long serving CEO Harold Hamm will transition to the role of Executive Chairman. Harold Hamm started Continental 52 years ago.
Additionally, President Jack Stark will assume the additional role of Chief Operating Officer.
About Berry
Bill Berry has spent over four decades in the oil and gas business, serving in a variety of roles, including as an executive with ConocoPhillips where he was responsible for global operations managing over 10,000 employees and over $12 billion in capital expenditures. He has served on the Continental Board of Directors in a variety of roles since 2014. Bill holds a bachelor's and master's degree in petroleum engineering from Mississippi State University.
Hamm commented, "As for me, I'm not going anywhere. I'm an oil finder and geologist at heart. Working together, Bill and I will help the Company cultivate new strategic opportunities. This is the right time to bring him on board: Continental has never been stronger, and we are enjoying record production coupled with strong free cash flow. As most everyone knows, I have a long history of buying, not selling our stock and that will not change. We are living in the new oil era, driven by the American Energy Renaissance. The result is a stronger economy, a stronger energy independent America, and a safer world. With Bill, Jack and our extraordinary team, we will define that new era going forward. Continental is a company with a very bright future. Our Company is built to last."
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