Comstock Resources, Inc. Q4 2009 Production and Earnings Report

 

We drilled 29 Haynesville wells to date, and we expect to drill 56 Haynesville wells in 2010. We increased our production and added 325 Bcfe of new reserves because of the results of the 2009 Haynesville program. And we did that without diluting our stockholders. Because of the success we had in 2009, again I go back a year, in the Haynesville Shale horizontal drilling program with our technical people, with our strong balance sheet and on our acreage, you know, we are more encouraged than ever that 2010 will be an even better year as we continue to realize the value of our Haynesville asset. I think it became a lot more valuable from last year versus the year that we are in today.

 

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http://seekingalpha.com/article/187652-comstock-resources-inc-q4-20...

 

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Tags: 2009, Bossier, Comstock, Haynesville

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I'm taking the new maps with a grain of salt... but that boundary is east bound and down! :-)

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