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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

Comment by tanninon Jul 25, 2011 11:42pm
326 Views
Post# 18871906

RE: RE: RE: RE: Why CRK going down

RE: RE: RE: RE: Why CRK going downI like that term, ' Croc surprises '.
Wonder if the strength of the Aussi currency is part of the reason for the sp swoon ?
A Cosmo which meets expectations is certainly the key to CRK success over the near to medium term.
Other than the propensity of CRK to have ' surprises ', is there any reason to think that Cosmo won't meet expectations ?


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