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 > Still time to Tender!

<< Previous

Bullboard Posts

Next >>

Comment by soberinvestoron Feb 07, 2012 12:35am

249 Views

Post# 19498238

RE: RE: RE: Still time to Tender!

You are right that you may end up with part of your share tendered taken up by Luxor but it can only happen if more than 85% (including theirs) are tendered whis is less likely. They have to take 50-85% if they are tendered. You simply can not get left with some of your shares back from Luxor if the don't have 85%. That would be breach of contract.

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments