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.

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Comstock Resources Inc > Way too much paper

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Comment by drenchcoaton Sep 19, 2011 2:10pm

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Post# 19058060

RE: Way too much paper

If my horizon was short I wouldn't touch this with a 10 foot pole or a 2 foot Hungarian either. And you are correct there will be lots of overhead resistance at certain levels.If gold is going where many smarter than me think it is there will come a time when it won't matter what gold stocks you are in. Patience here will pay off. This is my longterm flyer and inthis market it is buyer beware everyday everywhere!!

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