CONTINENTAL RESOURCES, INC. (NYSE:CLR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 5, 2017, Glen Brown resigned as Senior Vice President, Exploration of Continental Resources, Inc. (the “Company”), such resignation to be effective the close of business April 7, 2017. The resignation was given in connection with his retirement from the Company. Mr. Brown’s duties will be absorbed by the Company’s management team.

The Company has agreed to accelerate the vesting of 12,000 shares of restricted common stock originally scheduled to vest on May 15, 2017 to a resignation agreement dated April 7, 2017 between Mr. Brown and the Company (the “Resignation Agreement”). In consideration of the accelerated vesting of the shares described above, Mr. Brown has agreed, among other things, to certain non-solicitation and confidentiality obligations in favor of the Company under the terms of the Resignation Agreement.

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About CONTINENTAL RESOURCES, INC. (NYSE:CLR)

Continental Resources, Inc. is an independent crude oil and natural gas exploration and production company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The South region includes Kansas and all properties south of Kansas and west of the Mississippi River, including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), Northwest Cana and Arkoma Woodford areas of Oklahoma. The Company’s estimated proved reserves are approximately 1,230 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of over 520 MMBoe. The East region includes undeveloped leasehold acreage east of the Mississippi River. The Company’s crude oil production is sold to crude oil refining companies at market centers.

CONTINENTAL RESOURCES, INC. (NYSE:CLR) Recent Trading Information

CONTINENTAL RESOURCES, INC. (NYSE:CLR) closed its last trading session down -0.25 at 46.01 with 1,395,808 shares trading hands.