Continental Resources, Inc. Announces 4 1/2% Senior Notes Exchange Offer

   Continental Resources, Inc. Announces 4 1/2% Senior Notes Exchange Offer

PR Newswire

OKLAHOMA CITY, June 12, 2013

OKLAHOMA CITY, June 12, 2013 /PRNewswire/ -- Continental Resources, Inc. (the
"Company") (NYSE:CLR) announced today that it has commenced a registered
exchange offer to exchange up to $1.5 billion aggregate principal amount of
its 4 1/2% Senior Notes due 2023, which have been registered under the
Securities Act of 1933, as amended (the "Exchange Notes"), for up to $1.5
billion of its outstanding 4 1/2% Senior Notes due 2023, which were issued on
April 5, 2013 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 July 12,
2013, 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may be withdrawn at any time prior to the expiration date by following the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.

Cautionary Statement for the Purpose of the "Safe Harbor" Provisions of the
Private Securities Litigation Reform Act of 1995

This press release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements included in this press release other than
statements of historical fact, including, but not limited to, statements or
information concerning the Company's future operations, performance, financial
condition, production and reserves, schedules, plans, timing of development,
returns, budgets, costs, business strategy, objectives, and cash flow, are
forward-looking statements. When used in this press release, the words
"could," "may," "believe," "anticipate," "intend," "estimate," "expect,"
"project," "budget," "plan," "continue," "potential," "guidance," "strategy,"
and similar expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such identifying words.
Forward-looking statements are based on the Company's current expectations and
assumptions about future events and currently available information as to the
outcome and timing of future events. Although the Company believes that the
expectations reflected in the forward-looking statements are reasonable and
based on reasonable assumptions, no assurance can be given that such
expectations will be correct or achieved or that the assumptions are accurate.
When considering forward-looking statements, readers should keep in mind the
risk factors and other cautionary statements described under Part I, Item 1A.
Risk Factors included in the Company's Annual Report on Form 10-K for the year
ended December 31, 2012, registration statements and other reports filed from
time to time with the Securities and Exchange Commission (SEC), and other
announcements the Company makes from time to time.

The Company cautions readers that these forward-looking statements are subject
to all of the risks and uncertainties, most of which are difficult to predict
and many of which are beyond the Company's control, incident to the
exploration for, and development, production, and sale of, crude oil and
natural gas. These risks include, but are not limited to, commodity price
volatility, inflation, lack of availability of drilling and production
equipment and services, environmental risks, drilling and other operating
risks, regulatory changes, the uncertainty inherent in estimating crude oil
and natural gas reserves and in projecting future rates of production, cash
flows and access to capital, the timing of development expenditures, and the
other risks described under Part I, Item 1A. Risk Factors in the Company's
Annual Report on Form 10-K for the year ended December 31, 2012, registration
statements and other reports filed from time to time with the SEC, and other
announcements the Company makes from time to time.

Readers are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date hereof. Should one or more of the
risks or uncertainties described in this press release occur, or should
underlying assumptions prove incorrect, the Company's actual results and plans
could differ materially from those expressed in any forward-looking
statements. All forward-looking statements are expressly qualified in their
entirety by this cautionary statement. This cautionary statement should also
be considered in connection with any subsequent written or oral
forward-looking statements that the Company, or persons acting on its behalf,
may make.

Except as otherwise required by applicable law, the Company disclaims any duty
to update any forward-looking statements to reflect events or circumstances
after the date of this press release.

CONTACTS: Continental Resources, Inc.
Investors                    Media
Warren Henry                 Kristin Miskovsky
VP Investor Relations        VP Public Relations
405-234-9127                 405-234-9480
Warren.Henry@CLR.com        Kristin.Miskovsky@CLR.com
John J. Kilgallon
Director, Investor Relations
405-234-9330
John.Kilgallon@CLR.com

SOURCE Continental Resources

Website: http://www.clr.com