Continental Resources, Inc. (CLR): Are You Looking for Production and Reserve Growth?

Running to catch up
Continental isn’t the only company that’s enjoying the success of the Bakken. On a smaller scale, investors could also consider the fast-growing Kodiak Oil & Gas Corp (NYSE:KOG) The company is expecting to double its production in 2013 alone from an average of 15 Mboe/d in 2012 to 29 Mbod/d to 31 Mboe/d in 2013. Kodiak also has a much smaller current proved reserve base of 70.1 million BOE as of the end of this past June.

While Kodiak has a long way to go to catch up with its industry peers, it is a dynamic growth story to watch. It has been quickly ramping up production and catching up to its Bakken peers. It’s a company that, along with Continental, needs to be on your investing radar.

The article Are You Looking for Production and Reserve Growth? originally appeared on Fool.com and is written by Matt DiLallo.

Fool contributor Matt DiLallo owns shares of ConocoPhillips. The Motley Fool has no position in any of the stocks mentioned.

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