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CLR - Continental Resources: Data Suggests Beginning Of The End Of Prime Acreage Honeymoon
Continental Resources Inc.
While I never took a great deal of interest in the shale patch as an investment opportunity, I have been paying very close attention to the industry as a way to gauge where the overall global oil market is headed. I found that one of the best ways to gain a clearer picture is to focus on certain companies which can serve as a gauge with regard to shale profitability in certain parts of specific fields. For instance, for Eagle Ford's second tier areas, I mostly followed the now bankrupt Sanchez Energy, given that its