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Stock impact report

This Left-for-Dead Shale Play Is Making a Comeback [The Motley Fool]

Continental Resources, Inc. (CLR) 
Last continental resources, inc. earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: clr.com/investors
Company Research Source: The Motley Fool
Production from North Dakota’s Bakken shale is back at new highs and has plenty of room to continue running. Production from the Bakken shale has exploded over the last few years as the oil industry used the combination of hydraulic fracturing and horizontal drilling to unlock the oil trapped in that rock formation. While it went through a rough patch during the oil market downturn, production from the Bakken shale has bounced back and recently hit a new peak. That trend appears poised to continue due to the high returns that drillers can earn on new wells, as long as pipeline companies can keep up. In this  Industry Focus: Energy  clip, host Nick Sciple and Fool.com contributor Matt DiLallo discuss: What is the Bakken Shale formation? How hydraulic fracturing and horizontal drilling have helped producers unlock more oil than they ever imagined from the region. Recent production trends in the Bakken. The need for more pipelines and related infrastructure in the Ba Show less Read more
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