Callon Petroleum (CPE) reported the completion of a recent well into the Haynesville Shale on its acreage in Louisiana.
Callon Petroleum said that the George R. Mills No. 1H well was placed onto production at a gross restricted rate of 10.5 million cubic feet equivalent per day using a .28125 inch choke.
The company has no further drilling plans in the Haynesville Shale and said that it would start up development if natural gas prices moved higher.