Continental Resources Inc. (NYSE: CLR) has announced that W.F. "Rick" Bott, president and COO, resigned to pursue other opportunities. His duties will be absorbed by senior management.
Continental chairman and CEO said, "We are grateful for his professional contributions and wish Rick the very best."
Continental is ahead of its 5-year plan to triple production and proved reserves from 2012 to 2017 and maintains its leadership position as the largest oil producer in the Rockies, the Bakken and the SCOOP play.
"CLR continues its industry leading, oil-concentrated growth and the depth of our bench lends itself to an expansion in the operating management of the company," Hamm said. "Continental continues on the dynamic path that we have followed for nearly half a century, and the best is yet to come.
CLR is based in Oklahoma City.
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