U.S. shale oil player Continental Resources said it expected its production to recover during the second half of the year on the back of market improvements. Harold Hamm, the CEO who steered his company squarely into the heart of the North Dakota oil boom, said new shale production was robust enough to raise expectations for the year without increasing spending. “We are managing production volumes for higher oil and natural gas prices that we expect in second half 2016,” he said in a statement. Hamm said first quarter net production was around 230,800 barrels of equivalent per day, a 3 percent increase from fourth quarter 2015 and 12 percent higher year-on-year. Based on this, Hamm said the company expects […]