(Source: Continental Resources Inc) , /PRNewswire/ -- (NYSE: CLR) ('' or the 'Company') today announced a budget of in non-acquisition capital expenditures for 2016, a 66% reduction from 2015's budget. The Company expects average production of approximately 200,000 barrels of oil equivalent (Boe) per day for 2016. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO ' 2016 budget confirms our intense focus on cash flow neutrality,' said , Chairman and Chief Executive Officer for the Company. 'Strategically, we are dedicated to preserving the value of our premier assets and building operational efficiencies in preparation for crude oil prices to stabilize and start recovering later...
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