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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 Ubervakon Jul 13, 2010 3:07pm
351 Views
Post# 17266201

IN @ 1.34 :)

IN @ 1.34 :)
Been eyeing this one for a while and thought now is a good time to be in (though hindsight I wish I bought on last dip!!)

With current gold prices and them being on target for ounces I think they may see some record quarters to come. This is for sure undervalued. Thinking we could see $2.00 in the near term?

- Uber
Bullboard Posts