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Oil and gas concern Continental Resources announces terms

April 18, 2007
CLR

Continental Resources, an independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions, announced the terms of its IPO Wednesday. The company plans to offer 29.5 million shares, including 20.7 million from selling shareholders, at a price range of $16.00 to $18.00. JPMorgan and Merrill Lynch are bookrunning the deal.