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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
Comment by lunduon Sep 15, 2010 10:08pm
661 Views
Post# 17453876

RE: underwriting coming??

RE: underwriting coming??The recent run-up in price is most probably Croc's inclusion in the S&P/TSX small cap index.  Institutions that run index funds based on the small cap index have to buy the stock and before the 17th of Sept. so that it is a true representation of the small cap index.  I've seen this before when Peyto was inculded in some index or other.  There was a big increase in volume for a few days and then everything settled back to more normal trading patterns. 

Lundu
Bullboard Posts