Wednesday, February 11, 2009

Comstock Announces Two Haynesville Wells

Comstock Resources held its quarterly conference call and touted its progress in the Haynesville Play. To date, the company has completed two wells, is in the process of completing three additional wells and is drilling another five. The company has 70,504 net acres in the play, concentrated along the LA/TX state line. Comstock’s leased areas and details on the individual wells appear on the images from the company’s slides attached to this post.

The two wells recently placed in production are:

- BSMC La 7-1H well in Toledo Bend North field, 9 MMcfed
- Gamble 24-1H well, 14 MMcfed

Good flow rates, but not outstanding. Comstock is planning to drill 30 Haynesville horizontal wells (gross) in 2009. The third slide has details on locations of these wells.

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