Item 8.01 Other Events

On August 24, 2022, Continental Resources, Inc., an Oklahoma corporation, as borrower (the "Borrower"), MUFG Bank, Ltd. (as successor to MUFG Union Bank, N.A.), as administrative agent (the "Administrative Agent"), the guarantors party thereto, the issuing banks and the lenders party thereto entered into that certain Amendment No. 1 and Agreement (the "Amendment") to that certain Revolving Credit Agreement, dated as of October 29, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the Amendment, the "Existing Credit Agreement", and, as further amended by the Amendment, the "Amended Credit Agreement"), among the Borrower, the Administrative Agent, the guarantors party thereto and the lenders party thereto.

The Amendment, among other things: (i) increases the amount of the aggregate commitments by $255 million to total aggregate commitments of $ 2.255 billion; and (ii) amends the Existing Credit Agreement to replace LIBOR as a benchmark with Term SOFR and provide that, at the Borrower's option (other than with respect to swingline loans), loans will bear interest at (A) the Adjusted Reference Rate (as defined in the Amended Credit Agreement) plus an applicable margin of 0% to 1.000% based on the Borrower's index debt ratings or (B) Adjusted Term SOFR (as defined in the Amended Credit Agreement) plus an applicable margin of 1.000% to 2.000% based on the Borrower's index debt ratings.

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