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BUSINESSThe Hill·2h ago

Trump donor Harold Hamm's oil company announces Venezuela deal

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AI TLDR · GEMINI

Continental Resources, the energy firm led by Trump donor Harold Hamm, has signed a memorandum of understanding with Venezuela’s state-run oil company to begin drilling operations. The agreement allows the company to operate within a 126,000-acre area of the Orinoco Belt, a region known for its extensive oil reserves.

Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. Continental signed a memorandum of understanding with Venezuela’s state-run oil company that would allow it to operate in a 126,000 acre-area of the oil-rich Orinoco Belt, according to a press release. "Continental was built to recognize great resource opportunities and...

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