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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
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Comment by COREDIGGERon Jan 10, 2012 6:06pm
205 Views
Post# 19388571

RE: RE: RE: RE: Potential Legal Action

RE: RE: RE: RE: Potential Legal Action

They definately won't be getting a fair offer from Luxor ... with an offer of
.56, there is no way on earth they'll triple their bid.

The fact that management continues to have discussions with Luxor tells me they are prepared to let this go for slight premium to the
.56 offer.

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Dealroom for high-potential pre-IPO opportunities