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 > Potential Legal Action

<< Previous

Bullboard Posts

Next >>

Comment by bonjovi501on Jan 10, 2012 3:55pm

175 Views

Post# 19387872

RE: RE: RE: Potential Legal Action

If management sells low we can take class action against the company which would hold things up so it is in the best interests to get a fair offer. I have emails from management that say that they will never sell at theses levels and that was when CRK's share price was at .87 as they think $1.50 is a price target in 6 to 9 months and I am holding them to this.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale