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Continental Resources to develop massive oil patch in Venezuela
Source: CNBC
Energy Markets & PricesCommodities & Raw MaterialsCompany Fundamentals
Continental will develop and operate a 126,000-acre patch in Venezuela's Orinoco Belt containing an estimated 30 billion barrels of reserves. The agreement materially expands the company's potential oil-resource base, though the article provides no production timetable, investment amount, or expected output.
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