Tuesday, May 6, 2014

Earnings Calls

Two earnings calls today



Goodrich TMS Highlights:
-The Company is currently fracking its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite County, Mississippi, which was drilled in 36 days and will have an approximate 6,600 foot lateral with 26 planned frac stages. The Company will use the same enhanced completion design of reduced frac intervals and additional proppant per stage as used on its last well drilled in the TMS;
- The Company has recently moved into completion operations on its Nunnery 12-1H #1 (94.1% WI) well in Amite County, Mississippi and its Beech Grove 94H #1 (66.7% WI) well in East Feliciana Parish, Louisiana, with plans to frac both wells in May; 
-The Company is currently drilling its SLC, Inc. 81H-1 (66.7% WI) well in West Feliciana Parish, Louisiana and will commence drilling operations on its Bates 25-24H #1 (97.6% WI) and Denkmann 33-28H #2 (75% WI) wells in Amite County, Mississippi in the coming days.

Comstock TMS Highlights 

The budget for drilling activity includes $284.0 million to drill sixty-five wells (46.0 net) in the Eagleville field in South Texas, $79.0 million to drill ten Eagle Ford shale wells (9.2 net) on the Burleson County, Texas acreage and $33.0 million to drill three wells (2.7 net) targeting the Tuscaloosa Marine shale.

Halcon tomorrow:

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