Continental Resources sees low single-digit output growth in 2022 - Reuters

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Birds fly over storage tanks on a Continental Resources oil production site near Williston, North Dakota January 23, 2015. REUTERS/Andrew Cullen (UNITED STATES - Tags: BUSINESS ENERGY COMMODITIES)/File Photo

DENVER, Nov 4 (Reuters) - U.S. shale producer Continental Resources (CLR.N) on Thursday said it anticipates low single-digit production growth next year, and cautioned that the oil market is still "fragile."

Continental this week said it would acquire rival Pioneer Natural Resources' assets in the Delaware Basin for $3.25 billion, an announcement that sent its shares tumbling by nearly 5% on Thursday. Continental said it would likely run around two rigs on the newly-acquired assets next year. read more

Reporting by Liz Hampton in Denver

Our Standards: The Thomson Reuters Trust Principles.

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Continental Resources sees low single-digit output growth in 2022 - Reuters
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