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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 mtsuiton Sep 30, 2011 10:10pm
175 Views
Post# 19106692

RE: DIRT CHEAP!!!

RE: DIRT CHEAP!!!For two years the story was that CRK will be worth a huge amount of money because of Cosmo. Now with gold at $1600 and AUD/USX=1 it's finally at a point where it's cheap even without Cosmo. But now that the company doesn't need to raise any more money the brokers aren't pumping it.
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