* Q3 average production 184 mmcfed
* Says drilling focused on Haynesville Shale
* Says to offer $200 mln senior notes to repay debt
Oct 5 Oil and natural gas company Comstock
Resources Inc (CRK.N) reported a 9 percent sequential increase
in its quarterly production, helped by successful operation of
its Haynesville shale wells.
For the third quarter, the company's production averaged
about 184 million cubic feet of natural gas equivalent per day
(mmcfed), 9 percent higher than its second-quarter average
production of 169 mmcfed.
Comstock said it had drilled 38 wells in the first nine
months of 2009, adding that all of the wells were successful.
Comstock's seven successful Haynesville shale horizontal
wells in DeSoto Parish, North Louisiana tested at an average
initial production rate of 15.6 mmcfed per well, 23 percent
higher than the second-quarter results, the company said in a
It also said it is currently drilling six additional wells
in the Haynesville shale.
Separately, the Frisco, Texas-based company said it plans
to offer $200 million of senior notes due 2017, and will use
the proceeds to pay back debt of $165 million under its bank
Shares of the Comstock closed up 3 percent at $39.58 Monday
on the New York Stock Exchange.
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(Reporting by Arup Roychoudhury in Bangalore; Editing by
(firstname.lastname@example.org; within U.S. +1 646 223
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