Continental Resources signs MOU for Ayacucho 2 block in Venezuela
Continental Resources said it signed a memorandum of understanding with Petróleos de Venezuela (PdVSA) to operate and develop the Ayacucho 2 Block in Venezuela’s Orinoco Oil Belt, with a long-term contract agreement expected in coming weeks.
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By Collin EatonBillionaire oil baron Harold Hamm signed a tentative agreement Wednesday to venture into Venezuela to explore one of the Latin American country's undeveloped oil fields.Hamm's Oklahoma-based Continental Resources is the latest to answer President Trump's call for U.S. companies to he…
S. companies to he…