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Comstock Resources (CRK) Update - May 15

Posted: Mon May 15, 2023 1:53 pm
by 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.

Re: Comstock Resources (CRK) Update - May 15

Posted: Mon May 15, 2023 3:46 pm
by ChuckGeb
I think you mean 36 MMCF per day and not 36 BCF per day.

Re: Comstock Resources (CRK) Update - May 15

Posted: Mon May 15, 2023 6:47 pm
by 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

Re: Comstock Resources (CRK) Update - May 15

Posted: Mon May 15, 2023 8:27 pm
by Orindakid
Must be time to buy, Fraser is totally negative...
Cheers ;)

Re: Comstock Resources (CRK) Update - May 15

Posted: Mon May 15, 2023 9:32 pm
by dan_s
My Bad. 3rd Western Haynesville will had an IP30 rate of 36 MMcfpd, not 36 Bcfpd.