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ALT - Comstock maintains operational continuity, positive price outlook - May 14, 2020
Comstock Resources drilled 13 operated Haynesville wells (74% WI) during Q1 with laterals averaging 9,200 ft and participated in seven non-operated wells (6% WI). A total of 21 wells (55% WI) were turned to sales and 32 wells were being drilled, being completed or awaiting completion at quarter’s end. Since the company’s last update on Feb. 26, 20 wells have been turned to sales at initial 24-hour rates ranging 15-32 MMcf/d (24 MMcf/d average)......
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