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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

Post by theghost707on May 10, 2012 12:03pm
279 Views
Post# 19894679

read this part!

read this part!

"These drill results provide further encouragement for the Company that it can quickly define significant gold mineralization in areas that were previously mined from surface. Crocodile Gold has several locations close to the Union Reefs mill that have been extensively mined in the past and we will be investigating these areas in the near future to determine if they can become a future cash flow center for the company. Crocodile Gold has significant near term organic growth prospects that suggest that the true value of the Company is only beginning to be determined.

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