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|Continental Resources Names Stephen G. Bradley to Position of Vice President, Oil Marketing|
ENID, Okla., March 31 /PRNewswire-FirstCall/ -- Continental Resources, Inc. (NYSE: CLR) today announced the appointment of Stephen G. Bradley to serve as Vice President of Oil Marketing for the Oklahoma-based oil and gas exploration and production company.
Mr. Bradley comes to Continental with more than three decades of experience in energy company management and commodities trading. Most recently he served as manager of Commercial Operations and Business Development for Plains All American Pipeline, L.P. At Plains, Mr. Bradley was responsible for commercial operations of the company's pipeline systems in the Rocky Mountains, Kansas, Oklahoma, East Texas and North Louisiana. These pipeline systems shipped an average of 200,000 barrels per day of crude oil to multiple markets in 2007.
Prior to his work with Plains All American Pipeline, Mr. Bradley served as manager of Crude Oil Purchasing for Rocky Mountains Link Energy and as a consultant to Williams Energy Group MLP and to TEPPCO Crude Oil.
Prior to his service with TEPPCO, he served in various management, business development and analyst positions with Equilon Enterprises LLC, Texaco Trading and Transportation, Inc., Getty Oil and Skelly Oil Company.
"Continental has more than doubled its oil and gas production since 2004, driven primarily by accelerated crude oil production in Montana, North Dakota and South Dakota," said Harold Hamm, Chairman and Chief Executive Officer. "We expect continued strong growth in oil production this year and beyond, and Steve will play a central role in maximizing its value as we develop further our operations in the Rocky Mountains, the Mid-Continental U.S. and the Gulf Coast."
Mr. Bradley is a 1975 graduate of Oklahoma State University and has completed graduate course work at the University of Tulsa and the University of Colorado at Denver.
Continental Resources is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations. Continental reported total revenue of $582.2 million for the year ended December 31, 2007 and year-end total reserves of 134.6 million barrels of crude oil equivalent, which consisted of 77 percent oil and 23 percent natural gas.
CONTACT: Continental Resources, Inc.