Continental Resources

FIRST SHALE OIL DOMINO TO FALL: More to Follow

Posted by SRSrocco in Energy, News, Silver Members on April 24, 2020 — 18 comments

In a stunning news release, Continental Resources, the largest shale producer in the Bakken, is shutting in most of its production in the region. That is one hell of a lot of output to shut-in as Continental Resources was producing over 200,000 barrels per day in the Bakken at the…

Gold Company Makes Huge Blunder By Investing In U.S. Shale Assets

Posted by SRSrocco in Energy, Mining, News, Precious Metals, Silver Members on August 7, 2018 — 32 comments

Something took place in the gold industry that I thought would never happen. In a stunning press release, Franco-Nevada Gold announced that it was taking a financial stake in U.S. shale energy assets. Why on earth is one of the top gold royalty companies investing in an industry in which…