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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

Bullboard Posts
Post by twonxanityon May 10, 2010 9:13am
205 Views
Post# 17080028

Cash Costs per ounce Question

Cash Costs per ounce QuestionAs I understand it the cash cost per ounce for crocodile is $650. Do they have a solid plan in place to reduce these comparatively high costs. I know they have said that once Howley/Cosmo open the costs will be reduced.

Does anyone know approximately what the costs will be post Howley. Is there any other useful information someone can provide as to their profitability at these inflated costs or more information on their plan to reduce costs.

Thank You
Twonx
Bullboard Posts