Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Tomkinson Sep 02, 2010 3:04pm
358 Views
Post# 17409356

RE:RE: enough

RE:RE: enoughI was just on the phone with Ashleigh and it was a good conversation. I expressed my concerns about the lack good news. I asked about dilution and she says that is the last thing they want to do, as they say that would not be good for any of us and she assured that in the shorter time frame that is not on the agenda. If need be they do have some options to reduce costs even more and that would be done before any consideration of dilution.
She also said that they do have some good new on the exploration end, and they are reducing the costs, but by how much at this time she would only be able to guess as she had no figures, and they still are confident over time this year to have the cost down to 700.00 level. At this time they compiling drill results and they are looking good. I asked her how long it would take to finish compiling the results and releasing these figure in a press release and she said that the time frame usually takes about 2 weeks.
Bullboard Posts