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 sultan66on Jul 19, 2010 4:26pm

510 Views

Post# 17279893

RE: RE: RE: RE: INSIDER BUYING - 07/16/10

There is a difference between an insider transaction that has to be filed and one that is just an insider transaction. For example, if anyone on the board of directors or someone that owns more that 10% of the company makes a trade, this must be filed. These trades can be viewed at canadianinsider.com/.

Anyone that works for the company, for example, the IR person, is also an insider but must not necessarily be filed as they do not have an material decision making power. So they tick an "insider" box when completing their transaction and that is what people are referring to here...

Hope that helps,

SuLtAn

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