Comstock Resources Inc T.CRK.DB

Primary Symbol: CRK

Energy Oil & Gas E&P

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.

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Comstock Resources Inc

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Post by twonxanityon Apr 20, 2010 12:57pm

362 Views

Post# 17011322

When will SP go up?

Does anyone have an idea when we will start going back up, I am averaged at aroun $1.95 and sp jsut keeps going down. Anyone know of any catalysts to really get things moving. It seems that this company has a low market cap relative to production growth potential. Is the problem their high operating costs, can they reduce these costs and how??

Sorry bout the questions, but I am just looking for some more information.

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