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 goldtoeon Oct 12, 2010 6:24pm

355 Views

Post# 17555834

RE: RE: RE: 5 million ounces in the ground

I thought i read that much of the costs are fixed due to the trucking costs... but hey where the POG is going that will look like peanuts :-) gold mania is coming folks and CRK fits the bill for a player... it's already on radars so a mania gold market would ignite the s/p.. sometimes i think there are very few people who remember the late 70's.. early .80's.. man it was exciting.. a thing to behold. This time around the POG won't collapse either so stock prices will break the charts.

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