Continental Resources, Inc. Announces 5% Senior Notes Exchange Offer

     Continental Resources, Inc. Announces 5% Senior Notes Exchange Offer

PR Newswire

OKLAHOMA CITY, Oct. 11, 2012

OKLAHOMA CITY, Oct. 11, 2012 /PRNewswire/ --Continental Resources, Inc. (the
"Company") (NYSE:CLR) announced today that it has commenced a registered
exchange offer to exchange up to $1.2 billion aggregate principal amount of
its 5% Senior Notes due 2022 which have been registered under the Securities
Act of 1933, as amended (the "Exchange Notes"), for up to $1.2 billion of its
outstanding 5% Senior Notes due 2022, which were issued on August 16, 2012 in
a private placement (the "Private Notes").

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The sole purpose of the exchange offer is to fulfill the Company's obligations
with respect to the registration of the Private Notes. Pursuant to a
registration rights agreement entered into by the Company in connection with
the sale of the Private Notes, the Company agreed to file with the Securities
and Exchange Commission a registration statement relating to an exchange offer
pursuant to which Exchange Notes, containing substantially identical terms to
the Private Notes, would be offered in exchange for Private Notes that are
tendered by the holders of those notes (the "Exchange Offer").

The Exchange Offer will expire at 5:00 p.m., New York City time, on November
13, 2012, unless extended. Private Notes tendered pursuant to the Exchange
Offer may be withdrawn at any time prior to the expiration date by following
the procedures set forth in the prospectus pertaining to the Exchange Offer
(the "Exchange Offer Prospectus").

The terms of the Exchange Offer are contained in the Exchange Offer Prospectus
and related letter of transmittal. Requests for assistance or for copies of
the Exchange Offer Prospectus and related letter of transmittal should be
directed to the exchange agent, Wilmington Trust, National Association, c/o
Wilmington Trust Company, Corporate Capital Markets, Rodney Square North, 1100
N. Market Street, Wilmington, DE 19890-1626, Attention: Sam Hamed, Telephone:
(302) 636-6181.

This press release shall not constitute an offer to sell any securities or a
solicitation of an offer to buy any securities. The Exchange Offer will be
made only by means of a written prospectus.

Forward-Looking Statements
This press release includes forward-looking information that is subject to a
number of risks and uncertainties, many of which are beyond the Company's
control. Other than historical facts included in this press release, all
information regarding strategy, future operations, drilling plans, estimated
reserves, future production, estimated capital expenditures, projected costs,
the potential of drilling prospects and other plans and objectives of
management are forward-looking information. All forward-looking statements
speak only as of the date of this press release. Although the Company
believes that the plans, intentions and expectations reflected in or suggested
by the forward-looking statements are reasonable, there is no assurance that
these plans, intentions or expectations will be achieved. Actual results may
differ materially from those anticipated due to many factors, including oil
and natural gas prices, industry conditions, drilling results, uncertainties
in estimating reserves, uncertainties in estimating future production from
enhanced recovery operations, availability of drilling rigs and other
services, availability of crude oil and natural gas transportation capacity,
availability of capital resources and other factors listed in reports we have
filed or may file with the Securities and Exchange Commission. The Company
undertakes no obligation to publicly update any forward-looking statement to
reflect events or circumstances that may arise after the date of this press
release.

CONTACTS: Continental Resources, Inc.
Investors                           Media
Warren Henry, VP Investor Relations Kristin Miskovsky, VP Public Relations
405-234-9127                        405-234-9480
Warren.Henry@CLR.com                Kristin.Miskovsky@CLR.com



SOURCE Continental Resources

Website: http://www.clr.com
 
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