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.

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Comstock Resources Inc

Bullboard Posts

Comment by Einherjaron Jan 11, 2011 9:06am

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Post# 17952424

RE: problem

that could be right but on the other hand i meen it´s being conservative. my personal thoughts for Q4 was 3-4eps and 12-16 for 2011 depending on the average price of gold. that should give us a conservative SP of $1.80-$2.40 excluding all other positiv news and developments.
but first of all they have to meet their production targets, bringing costs down further, ramp up cosmo smothly and in Q3/4 i would love to see toms gully back in production.
thats a lot for one year but now they have to deliver!

Bullboard Posts

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