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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 jplaneon Sep 09, 2011 4:09pm
324 Views
Post# 19027867

RE: buying back shares

RE: buying back sharesYes the company would be better off buying back some shares at these lower prices, last shares were issued at .83 and for the joke this company has become lets buy shares back after just issuing a godzillian # of shares. Just like a scam, issue the shares , buy em back. They will be issuing more to finance drilling and upkeep if they spend their wad on buying back shares. Sooner or later the 10 banks that have been supporting this venture will discover the scam. Mine your gold, blowhards.  jplane
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