Continental Resources (NYSE:CLR) announced Wednesday plans to purchase $340 million for property in the Bakken Shale.In the deal, Continental will issue between 3.9 million and 4.25 million of its shares at $80.00 and $87.18.Continental Resources (NYSE:CLR) has potential upside of 7.5% based on a current price of $86.55 and an average consensus analyst price target of $93.
