<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS AT DECEMBER 31, 1996 AND 1997, AND THE UNAUDITED CONSOLIDATED BALANCE SHEET AT JUNE 30, 1998 AND CONSOLIDATED STATEMENT OF OPERATIONS AT JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000732834 <NAME> CONTINENTAL RESOURCES INC <PERIOD-TYPE> YEAR 6-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1998 <PERIOD-START> JAN-01-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 JUN-30-1998 <CASH> 1,301,115 1,336,110 <SECURITIES> 0 0 <RECEIVABLES> 25,143,543 15,732,561 <ALLOWANCES> 0 0 <INVENTORY> 3,548,547 4,962,746 <CURRENT-ASSETS> 30,435,471 42,016,174 <PP&E> 246,476,351 318,840,647 <DEPRECIATION> (88,559,352) (103,918,055) <TOTAL-ASSETS> 188,386,166 257,863,253 <CURRENT-LIABILITIES> 30,590,927 19,155,068 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 49,045 49,041 <OTHER-SE> 78,215,404 74,716,050 <TOTAL-LIABILITY-AND-EQUITY> 188,386,166 257,863,253 <SALES> 103,619,839 41,094,998 <TOTAL-REVENUES> 110,025,226 44,157,318 <CGS> 43,463,750 17,483,171 <TOTAL-COSTS> 96,267,932 43,354,856 <OTHER-EXPENSES> (8,060,863) (92,396) <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 4,803,837 5,174,113 <INCOME-PRETAX> 17,255,776 (3,499,358) <INCOME-TAX> (8,941,450) 0 <INCOME-CONTINUING> 17,255,776 (3,499,358) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 26,197,226 (3,499,358) <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0