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 > INSIDER SELLING - 11/24/11

<< Previous

Bullboard Posts

Next >>

Comment by COREDIGGERon Nov 25, 2011 8:46am

187 Views

Post# 19266622

RE: RE: INSIDER SELLING - 11/24/11

Hi Nick,

I suggest you do some research before posting anything. Management has not even sold 1 share since the time the news release came out.. In fact, the last transaction was on October 7th and it was a purchase.

As I've indicated on this board before "Insiders" includes instiutions and mutal funds. The numbers you see are institutions and mutual funds that are either tired of waiting or triggering losses (for tax purposes) prior to year end.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market