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Continental Resources Enters Partnership with Mercuria Energy Group to Acquire 50% Stake in Phoenix Global Resources for Joint Venture in Argentina.
Aug 20, 2026•about 4 hours ago
Contract Type
partnership
OklahomaEnergyOil And GasDescription
Continental Resources has signed a Heads of Agreement to acquire a 50% interest in Phoenix Global Resources, forming a 50/50 joint venture with Mercuria Energy Group. This partnership aims to enhance production in Argentina's Vaca Muerta region, with projected capital deployment exceeding $4 billion over the next five years.
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Continental Resources signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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