US oil giant Continental Resources was left with a gap in its management after the president and chief operating officer resigned yesterday.
Rick Bott,54, joined the company as president and chief operating officer two years ago and is leaving the company to “pursue other opportunities”. His resignation leaves a talent gap at the top of the company as he was considered a likely successor to the chef executive officer Harold Hamm. Mr Bott’s duties will be taken on by members of the management team.
Mr Hamm said: “We are grateful for his professional contributions and wish Rick the very best.”
Continental Resources is in the midst of trying to triple its 2012 production level by 2017, however the company has claimed that it is ahead of this goal.
Th resignation of Mr Bott is the second high-profile exit in the last six months as Rick Muncrief, the company’s former senior vice president of operations and resource development, left in May to become CEO of Tulsa-based WPX Energy.