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 > Looks Good

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Comment by Chileanmafia1on Jul 21, 2011 2:07pm

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Post# 18857765

RE: RE: RE: RE: RE: RE: Looks Good

Its too bad there is no mention of increased production or lower costs - which is what we were all waiting to hear!!!
So now CRK mgt has forced us to sit back and wait to see what they can do - if they can deliver on production and lower costs then we will see the SP appreciate....

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload