Haynesville Shale pure-play Comstock Resources Inc. scored in the third quarter, lifted by strong natural gas prices and by selling 15% of output directly to LNG shippers on the Gulf Coast. The Frisco, TX-based independent gained leverage with 70% of its natural gas sold in “high value” Gulf Coast markets, including the liquefied natural gas…
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Executives at Haynesville Shale-focused Comstock Resources Inc. said they expect 4-5% natural gas-weighted production growth in 2022. The plan for the year is still focused around capital discipline, with the aim to pay down $479 million in debt so the “leverage ratio is at 1.5 or less. We think we can get there in the…
Management at U.S. independent Comstock Resources Inc., which has made its name as a Haynesville Shale natural gas giant, is increasingly bullish on the Bossier formation as part of its strategy. Of the 21 wells the Frisco, TX-based company turned to sales in 2Q2021, only two were Bossier wells, management said during the second quarter…
Comstock Resources Inc. has beefed up its Haynesville Shale inventory with the all-stock acquisition of an undisclosed operator, but going into 2020 it plans to run fewer rigs in the natural gas-heavy play.
Comstock Resources Inc., which this year became the No. 1 operator in the natural gas-heavy Haynesville Shale, said second quarter output from the play was 88% higher than a year ago and 19% higher sequentially, but confronted with continued low prices, the company is playing defense.
With a substantial cash infusion from Dallas Cowboys owner and top shareholder Jerry Jones, Comstock Resources Inc. plans to acquire privately held Covey Park Energy LLC to create what could be the Haynesville Shale’s largest natural gas producer.
The Haynesville Shale continued to be the go-to spot for Comstock Resources Inc. during 1Q2019, where four rigs are now running across the company’s 88,000-acre leasehold.
After executing a transformative deal last year with Dallas Cowboys owner Jerry Jones to return the company to profitability, Comstock Resources Inc. has unveiled plans to spend more on completions in 2019 and grow natural gas production by about 50%.
Haynesville Shale producer Comstock Resources Inc. reported solid results from its mainstay play during the first quarter, and it now is gearing up to expand its expertise in the Bakken Shale with the backing of Dallas Cowboys owner Jerry Jones.
U.S. onshore producer Comstock Resources Inc. on Thursday said negotiations are underway with Dallas Cowboys owner Jerry Jones to become the majority shareholder.