Oklahoma Ranks #1 Best Place to Start a New Business

Sorry Coastal Elites, the Best Cities to Start a Business Right Now Are in 'Fly Over' States

Despite their reputation as startup tech hubs, San Francisco and Boston aren’t the only cities where startups can shine. In fact, they’re not even among the best. A new report from personal finance website WalletHub crunched the numbers and found they don’t even crack the top 20, when it comes to the best large U.S. cities to start a business.

Instead, Oklahoma City landed the No. 1 spot, followed by Austin, Texas; Sioux Falls, S.D.; Missoula, Mont.; and Durham, N.C., according to WalletHub.

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Continental Resources to Focus on SCOOP Springer Field Development

While the market continues to have a fascination with Continental Resources' (NYSE:CLR)  earnings release surrounding STACK density pilot results, they are failing to notice their amazing announcement - Continental will (finally!) be developing a portion of their most prized asset - the SCOOP Springer.

Our internal analysis suggests the SCOOP Springer boasts the best Initial Production-to-Type Curve combination of any play in the United States with the average well producing more than 1,000 barrels of oil coupled with very shallow initial decline rates (~55%), which is why Continental improved their type curves from 940 Mboe to 1,200 Mboe (175% ROR at 7,500' lateral length). We can expect 31 gross wells (26 net) to be completed to the Springer in FY2018, being drilled by 5 dedicated rigs.

CLR Springer Density FY2018 Plans.JPG