Oil drop hits Bakken as Continental cuts

Continental Resources, one of the largest oil producers in the Bakken field in North Dakota which has been at the centre of the US shale resurgence, has cut its 2015 capital spending plans for the second time and intends to reduce the number of rigs it has operating by nearly 40 per cent.

http://www.ft.com/intl/cms/s/0/b6714a2c-8a28-11e4-9271-00144feabdc0.html#axzz3NJVGHpnf