Continental Resources to acquire a minority stake in Summit Carbon Solutions.

Continental Resources, an American petroleum and natural gas exploration and production company, agreed to acquire a minority stake in Summit Carbon Solutions, a renewable energy semiconductor manufacturing company. Financial terms were not disclosed. “Continental has been actively engaged in limiting our carbon footprint for decades with our pioneering work in horizontal drilling, our invention of ECO-Pad technology and industry-leading gas capture initiatives. We look forward to working with Summit Carbon Solutions to become leaders in carbon capture and sequestration. We believe this project will become a model for the rest of the world. Carbon capture will play an integral role in helping reduce global emissions, and we believe Summit Carbon Solutions has the most capital efficient project to further this goal," Bill Berry, Continental Resources CEO.