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ALT - Comstock Resources Highlights - October 24, 2019
In response to lower gas prices, Comstock Resources plans to release one to three rigs from its Haynesville operations by the end of the year, per a Sept. 5 presentation. The company had previously indicated that no more than two rigs would be released based on prices. For each rig released, Comstock would reduce 2020 capex by $75-80 million. Production growth in 2020 would be reduced to 8-9% from 15% if three rigs were......
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