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

Bullboard Posts

Post by dietryingon Jan 07, 2011 12:40pm

246 Views

Post# 17939348

CRK got to get the cost/oz down fast

If the guy on Stockhouse's call for gold to pull back to $1275 near term turns out to be true, CRK's $1070/ cost is going to remind investors this's simply not enough of a cushion. Tough for the stock to stay above 1.40 if POG languishes at current level.

Bullboard Posts

Global Tungsten Market and Supply Security