answersLogoWhite

0

One notable failure of Harold Hamm, the founder of Continental Resources, was his initial underestimation of the challenges associated with hydraulic fracturing and horizontal drilling in the Bakken formation. Early on, he faced skepticism from the oil industry regarding the viability of extracting oil from shale, which delayed his company's growth and profitability. However, through perseverance and innovation, Hamm eventually overcame these hurdles, leading to significant advancements in the industry and establishing himself as a key figure in the shale oil revolution.

User Avatar

AnswerBot

3d ago

What else can I help you with?