Comstock Resources (CRK) Update - May 15

[dan_s]

Just to clarify. The 3rd horizontal well in Comstock's "Western Haynesville" exploration area had an IP-30 Day rate of 36 million cubic feet per day (36 MMcfpd).

The first three wells completed in the Western Haynesville are actually completed in the Bossier zone. They are currently drill another Bossier well and a Haynesville test well.

The Bossier wells are closer to pipeline access, which is one of the reasons they drilled them first.

[ChuckGeb]

I think you mean 36 MMCF per day and not 36 BCF per day.

[Fraser921]

This guy said the "g" word ..glut

https://seekingalpha.com/article/4604758-comstock-resources-low-gas-prices-a-drag-nothing-remarkable-in-the-near-term?mailingid=31490570&messageid=2850&serial=31490570.1124&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=31490570.1124

[Orindakid]

Must be time to buy, Fraser is totally negative...
Cheers

[dan_s]

My Bad. 3rd Western Haynesville will had an IP30 rate of 36 MMcfpd, not 36 Bcfpd.