Continental Resources, Inc. declared a new five-year growth plan to triple production and proved reserves by year-end 2017. According to its strategic growth plan, the Company plans to generate average production of 300,000 barrels of oil equivalent per day (boepd) in 2017.

The Company reported average production of 94,852 boepd for the second quarter ended June 30, 2012.

"Our legacy assets in the largest oil field found in over 40 years, the Bakken, provide a large amount of comfort in the reliability of our new five-year plan," said Harold Hamm, Chairman and Chief Executive Officer. "In addition, those assets are supplemented by a new and expanded view of the Anadarko Woodford resulting in a new oil province with multiple oil plays which we plan to unveil at our 2012 Investors conference."

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