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 Nick777on Jun 07, 2011 7:43am

261 Views

Post# 18679622

Net lose at 0,03 per shares

CRK lost 7 000 000$ for the first quarter and 0,03 per shares. I'm surprise about low production only 14 682 ounces! Maybe we see accelerate production in second quarter when cosmos start production. The cost production is more than 1500$ per ounces!

I don't think that market react well this morning

Nick

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