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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 > Busy CRK warrants trading
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Comment by 4meanduon Aug 31, 2011 4:14pm
186 Views
Post# 18999561

RE: Busy CRK warrants trading

RE: Busy CRK warrants tradingYes, I also saw the 1 million share warrant cross.
Although the warrants are currently a little overvalued, I picked up the last 100k warrant just before the close.
The was a 270k ask at .165 after the one million warrant cross over, and over time during the day that was
chipped down to under 190k before my purchase. There was still another block just under 90k for sale at .17

With a long(2016) expiry the warrants are  attractive with the recent news.


GLTA - patience will pay off with CRK.


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