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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 dfox168on Jan 24, 2011 8:49pm
306 Views
Post# 18020232

RE: RE: Gold price and share price

RE: RE: Gold price and share priceThanks, Stewart!

As I understand, gold price is influenced by US and European economies, values of US dollars and Euro, as well as end-users in India and China.

Now that the US economy seems picking up, the global economy appears recovering, albeit sloooowly, Chinese government is tightening money supply, etc.  These factors could negatively impact the growth of gold price.

The past performance may not be applicable to the future.

Regards,
Bullboard Posts