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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 goldtoeon Oct 14, 2010 2:56pm
201 Views
Post# 17565386

RE: RE: RE: RE: RE: RE: 5 million ounces in the gr

RE: RE: RE: RE: RE: RE: 5 million ounces in the grstewrdpid...
It was back in the early spring if memory serves me... it was fairly large somewhere around $150M with payback in gold bullion... these deals will become more the norm i think.. investors love it .

gt
Bullboard Posts