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Billionaire Harold Hamm On Prowl for More Permian Shale Deals

Billionaire oil wildcatter Harold Hamm has set aside hundreds of millions of dollars to pursue acquisitions in the U.S. Permian Basin after a 20-year quest to gain a foothold in the world’s biggest shale field. 

Continental Resources Inc., the energy explorer founded and controlled by Hamm, may spend as much as $375 million on acquisitions by the end of this year, according to a regulatory filing late Wednesday. The document didn’t provide any additional details.