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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.


NYSE:CRK - Post by User

Comstock Resources Inc
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Comment by jRtrader1on Jun 13, 2010 10:39am
312 Views
Post# 17184126

RE: THE GOLD REPORT -- CRK Reviews.....

RE: THE GOLD REPORT -- CRK Reviews.....For those of you out there that follow this stock daily is it safe to say its recent decline from highs to current levels is from disappointing guidance with cost/ounce? or is there something i am missing?  to me 2.60-3.00 target price seems alittle low for a company producing 100,000 this year (even though costs are pretty high) as a gold bull this stock is very attractive at current levels to me.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities