22, Nov 2014 - Williston, ND Going out on a limb, North Dakota oil titan scraps hedges
By Ernest Scheyder WILLISTON N.D. (Reuters) - Harold Hamm, chief executive of Continental Resources Inc , stunned a bearish crude market by scrapping all of the North Dakota energy producer's oil hedges, betting that prices will recover soon after sinking 25 percent in recent months. With the move, Hamm, who last month called OPEC a "toothless tiger," appears to be heading into a price war with ...
22, Nov 2014 - Williston, ND U.S. oil CEO Hamm goes out on a limb, scraps hedges
WILLISTON N.D. (Reuters) - Harold Hamm, the chief executive of North Dakota oil producer Continental Resources Inc , has stunned a bearish crude market by scrapping all of the company's hedges - a bold bet that prices will recover soon after sliding some 25 percent. In so doing, Hamm, who last month called OPEC a "toothless tiger", appears to be bracing for a price war with the world's biggest ...
09, Oct 2014 - Williston, ND Wyoming man sentenced for fatal hit-and-run in ND
A Wyoming man accused in a fatal hit-and-run in the North Dakota oil patch hub of Williston has been sentenced to time served and two years of probation.