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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.


NYSE:CRK - Post by User

Comment by play_n_layon Dec 19, 2011 8:57am
357 Views
Post# 19334006

RE: Updated valuation multiples for Small-cap gold

RE: Updated valuation multiples for Small-cap goldt.aab owns 4 million crk shares. they just did a q3 earnings conference call and one of the questions asked for a comment on the crk bid. one of the directors is on the special comitee. reading between the lines he essentially commented that the bid was to low to be considered.
cheers
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