Shale king Hamm enters Permian Basin with Pioneer deal


NEW YORK: Harold Hamm, one of the richest and most prominent shale wildcatters, is finally taking a stake in North America’s biggest oil field.

Continental Resources Inc, the shale driller created and controlled by Hamm, agreed to acquire assets in the Permian Basin from Pioneer Natural Resources Co for US$3.25bil (RM13.50bil).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Harold Hamm , oil field , shale

   

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