QEP plans to release its one rig from the Haynesville/Cotton Valley this month as the company scales back capital allocations to the play as it seeks a buyer. Q1 volumes in the play averaged 286 MMcfe/d, up 9% sequentially and 110% YOY. The company put on production two gross operated wells during Q1. The first well (9,725-ft lateral) had a peak IP24 of 44.4 MMcf/d. The second well (9,947-ft lateral) peaked at 38.3 MMcf/d......
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