Exclusive: Looming divorce could threaten oil baron's empire | Reuters
Continental Resources chief executive Harold Hamm, one of Harold Hamm has three children from a prior marriage that ended in divorce in That would be enough to meet U.S. oil demand for more than three years. Harold Hamm is the youngest of 13 children from Enid, Oklahoma. He was born the son of sharecropper farming parents. And his education. Children, 5. The Continental Towers in Enid, Oklahoma. Harold Glenn Hamm ( born December 11, ) is an American entrepreneur primarily involved.
Continental controls more than 1 million acres in the formation, which stretches from North Dakota to Montana.
The firm also owns oil and gas rights in several other states, including Oklahoma. Continental has said the entire Bakken field - being developed by several companies - may contain 24 billion barrels of oil.
That would be enough to meet U. The firm says it controls drilling leases to more oil-rich Bakken acres than any other company, helping to make Hamm the largest oil baron in the United States. Hamm directly controls But his stake in Continental could change significantly as a result of a divorce settlement.
Harold Hamm - Wikipedia
Its share price has surged nearly percent in the five years since an initial public offering in InHarold Hamm filed for divorce and demanded that Sue Ann undergo a psychological evaluation. He later withdrew the divorce petition and the case file was ordered destroyed this year, on February 13, according to Oklahoma court records. What prompted the destruction of the file is unclear. InSue Ann Hamm subsequently filed for divorce; that case also was dropped.
Indeed, it could play a pivotal role in determining how property - including interest in Continental - will be divided, legal analysts said. Last September, Reuters reported that Harold Hamm had made political contributions that exceeded federal legal limits by as much as 41 percent during the election period.
Continental said at the time that the donations were made from an account held jointly by Harold and Sue Ann Hamm and were intended to be split between Hamm and his wife, which would have kept the donations within legal limits.
Hamm divorced his first wife, Judith Ann, inaccording to Oklahoma court records. That settlement, in California, directly affected shareholders of News Corp. Reports of the Murdoch divorce sent News Corp. We may provide additional information that we have collected about you both directly and automatically to these third parties.
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Sue Ann Hamm: 5 Fast Facts You Need to Know | promovare-site.info
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Sue Ann Hamm: 5 Fast Facts You Need to Know
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