Wednesday, December 15, 2021

Media Contact: Mack Burke | Editorial coordinator | 405-744-5540 | [email protected]

The Harold Hamm Foundation and Continental Resources on Wednesday announced a combined donation of $ 50 million establishing the Hamm Institute for American Energy at Oklahoma State University.

The Hamm Institute’s mission is to educate the next generation of energy leaders – in Oklahoma, the United States, and around the world – cementing Oklahoma’s legacy as a global energy leader.

“The generous donations of Harold Hamm and Continental Resources to establish the Hamm Institute for American Energy will have a transformative impact on OSU and the energy industry around the world. With a state-of-the-art laboratory including wells drilled beneath the building, an auditorium and classrooms, this building is perfectly suited, ”said OSU President Kayse Shrum. “Sir. The generosity of Hamm and Continental will bring together the brightest minds and future leaders in the energy industry from around the world, all with the goal of solving one of society’s most pressing problems. Together, we will change the trajectory of energy security in the United States. ”

Initial funding for the institute and the project will be a donation of $ 50 million – $ 25 million from the Harold Hamm Foundation and $ 25 million from Continental Resources. The Hamm Institute will be located at what was previously known as OSU Discovery, 300 NE 9th St. in the Oklahoma City Innovation District, and will become the building’s primary and permanent occupant.

The Hamm Institute will become the center of all American energy. It will host symposia, authors, speakers, energy summits and global conversations on energy leadership. The building will eventually house the interactive Oklahoma Hall of Energy Legends, a public exhibit highlighting the history and legacy of Oklahoma’s great energy leaders.

The Oklahoma Hall of Energy Legends Interactive Museum in the new Hamm Institute for American Energy at Oklahoma State University.

Hamm, a native of Oklahoman and founder and chairman of Continental Resources, began his oil and gas career more than five decades ago, starting with just one oil service truck and a dream. His incredible journey, entrepreneurial spirit, and drive to change the world for the better have inspired countless others, and his latest philanthropic initiative aims to elevate the state to new and familiar heights.

Hamm is recognized as a national leader and a staunch supporter of the US oil and gas industry. He has spent more than five and a half decades in the industry, starting his own petroleum services company to founding one of the most dynamic and innovative exploration and production companies in the United States, Continental Resources. . His efforts have contributed to the well-being of every American and help ensure the country’s energy and economic security. The Hamm Institute will ensure America is the world leader when it comes to advancing innovation and technology while responsibly producing the energy we need for decades to come.

“It is time, once again, for Oklahoma to become a world energy leader. I hope the world looks to us for the best ideas in energy management, research and education. This gift is about investing in our common future – the future of our country, the state and the people I love, ”said Hamm. “I see the Institute as a game changer – a place where the best and the brightest come together to responsibly solve the world’s energy challenges. A third of the world lives in fuel poverty. We have to sort it out. And we must ensure that Americans will always have an abundance of reliable and affordable energy for generations to come. ”

“Oklahoma is an energy state and Harold is our energy icon. This collaboration between one of our great universities and one of our most innovative and successful energy companies and entrepreneurs will raise the bar for energy innovation American, ”said Oklahoma Governor Kevin Stitt.

In recognition of Continental’s contributions, the building’s lobby and auditorium will be named the Continental Resources Concourse and the Continental Resources Auditorium. The program fund supporting the institute will also be named in recognition of Continental.

“The Hamm Institute has its place here in Oklahoma. It’s part of Continental’s mission: to find, nurture and inspire the next generation of energy leaders. We envision the Hamm Institute for American Energy as the epicenter of energy learning, research and innovation for decades to come, ”said Bill Berry, CEO of Continental Resources.

P HOTOS / VIDEO: A multimedia package including a b-roll, sound clips and photos is available for media use here: okla.st/hamm.

FORWARD: Find the replay of this announcement on insideosu.com.


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