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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 > From this level
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Comment by TheRock07on Jan 11, 2012 6:34pm
269 Views
Post# 19393788

RE: RE: RE: RE: RE: RE: RE: RE: From this level

RE: RE: RE: RE: RE: RE: RE: RE: From this level

They really shored up their chocks today.

FMac was the big buyer today.

Are these new buyers and if so who is selling ?

Or is this Luxor's ping pong game while they negotiate with CRK management ?

Is CRK negotiating for their jobs as their first priority or have they passed the entire business over to the Special Committee ?

Luxor have kept the trading chocks in here for over 3 weeks, while management have been dutiful compliant, in my opinion.

Over this period, the lack of information flow from management to its shareholders is nothing short of disgusting.

We should be negotiating from strength, yet the freeze on the share price shows that managament is going along, on bended knee,  with luxor's show.

The poison pill is still active and we should use it ASAP.

 

 

 

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Dealroom for high-potential pre-IPO opportunities