Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Luttrell Tom E
  2. Issuer Name and Ticker or Trading Symbol
CONTINENTAL RESOURCES INC [CLR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. V.P. Land
(Last)
(First)
(Middle)
P. O. BOX 1032, 302 N. INDEPENDENCE
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2008
(Street)

ENID, OK 73702
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/12/2008   S   100 D $ 49.4505 121,282 (1) D  
Common Stock 05/13/2008   S   12,584 D $ 50.8775 108,698 (1) D  
Common Stock 05/13/2008   S   100 D $ 50.9075 108,598 (1) D  
Common Stock 05/13/2008   S   200 D $ 50.9275 108,398 (1) D  
Common Stock 05/13/2008   S   300 D $ 50.9875 108,098 (1) D  
Common Stock 05/13/2008   S   200 D $ 51.0875 107,898 (1) D  
Common Stock 05/13/2008   S   300 D $ 51.0575 107,598 (1) D  
Common Stock 05/13/2008   S   200 D $ 51.0675 107,398 (1) D  
Common Stock 05/13/2008   S   100 D $ 50.9975 107,298 (1) D  
Common Stock 05/13/2008   M   18,000 A $ 0.7064 125,298 (1) D  
Common Stock 05/13/2008   F   6,569 D $ 52.09 118,729 (1) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy) $ 0.7064 05/13/2008   M     18,000   (2) 06/30/2012 Common Stock 18,000 $ 0 58,341 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Luttrell Tom E
P. O. BOX 1032
302 N. INDEPENDENCE
ENID, OK 73702
      Sr. V.P. Land  

Signatures

 Tom E. Luttrell   05/14/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 20,000 shares of restricted common stock which vest 50% on October 5, 2009 and October 5, 2010 respectively.
(2) 55,000 options granted July 1, 2002. Per the terms of the award all options have vested.

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