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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Comment by Thecook100on Jul 09, 2010 6:58pm

351 Views

Post# 17258733

RE: RE: RE: RE: RE: RE: RE: Technicals. good post

I agree that we are in a better situation now more than ever therefore the MM's will drive the SP up. Now with it just sitting under the 50 dma (looks better than sitting under $1.10) the MM's will get their fill and then let it go. With the volume over 2 mill shares today suggests higher prices are upon us. IMHO. cheers

Thecook

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