Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 19, 2010 (January 13, 2010)

 

 

CONTINENTAL RESOURCES, INC.

(Exact name of registrant as specified in its charter)

 

 

Oklahoma

(State or other jurisdiction of incorporation)

 

001-32886   73-0767549

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

302 N. Independence

Enid, Oklahoma

   73701
(Address of principal executive offices)   (Zip Code)

(580) 233-8955

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01 Other Events.

On January 13, 2010, Continental Resources, Inc. entered into fixed price natural gas swaps for 5,000 MMBtu of natural gas per day at a fixed price of $5.915 per MMBtu for the period February 2010 through December 2010 and 7,500 MMBtu of natural gas per day at a fixed price of $6.41 per MMBtu for the calendar year 2011. During each month of the natural gas swap contracts, Continental Resources, Inc. will pay to the counterparties the NYMEX natural gas price on the last contract settlement date.

On January 14, 2010, Continental Resources, Inc. entered into fixed price natural gas swaps for 5,000 MMBtu per day of natural gas at a fixed price of $5.80 per MMBtu for the period February 2010 through December 2010. During each month of the natural gas swap contracts, Continental Resources, Inc. will pay to the counterparties the NYMEX natural gas price on the last contract settlement date.

On January 19, 2010, Continental Resources, Inc. entered into fixed price natural gas swaps for 1,500 MMBtu per day of natural gas at a fixed price of $5.80 per MMBtu for the period April 2010 through December 2010 and 5,000 MMBtu per day at a fixed price of $6.31 per MMBtu for the calendar year 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CONTINENTAL RESOURCES, INC.
    (Registrant)
Dated: January 19, 2010     By:   /S/    JOHN D HART        
      John D. Hart
      Senior Vice President, Chief Financial Officer and Treasurer