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ALT - Comstock eyes 6-8% YOY output growth, Chesapeake's Haynesville - November 14, 2019
Comstock Resources is prioritizing free cash flow generation in 2020 over production growth. The company plans to reduce its operating rig count from nine to six in order to drill 62 wells (72% WI) and complete 44 (75% WI), essentially on par with the anticipated 2019 totals of 62 wells drilled and 47 completed. This program is expected to support 6-8% pro forma production growth to 1.25-1.45 Bcfe/d for the full year and substantial......
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