Comstock’s Haynesville Position ‘A Big Advantage’ as E&P Eyes Being ‘Long-Term, Reliable Supplier’ for LNG 

Comstock Resources Inc. CEO Jay Allison underscored that despite low natural gas prices to start 2023, management is “extremely positive on the outlook for natural gas in the future,” with growing global demand for LNG. 

The liquefied natural gas market is expanding to the tune of $1 trillion globally over the next five years, with more than $100 billion of new U.S. LNG plants coming online near the Frisco, TX-based Comstock’s Haynesville Shale acreage, Allison noted during the first quarter earnings call.  

Thus, the exploration and production (E&P) company is “in discussions to enter into long-term contracts with major LNG shippers who are following our new play…,” Allison said.

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