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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

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

Comment by bonjovi501on Feb 09, 2012 12:09pm
197 Views
Post# 19509691

RE: RE: RE: Going Forward

RE: RE: RE: Going Forward

Our biggest problem we had in 2011 was gold grade. We averaged 1.1 g/t and we were suppose to have 1.6 g/t and this is our biggest problem. There would be no need for financing if this was met. I talked to Chantal and he stated that International Pit permits are about to be met hopefully and if they do then it will get better. Remember Mike Hoffman was supposed to get permits for International 1 year ago and failed. Then everything snow balled from there and doing a share offer at $1.05 was a joke when the share price was around $1.45 Kind of makes you think they wanted to get the share price down...........................nah that would be crazy.................maybe a learning curve...........thats it. We need some good news now maybe a good drill result where they found a major discovery we can only hope or a good gold grade going through the mill. Uping the year's out put to 125,000 would be a positive.

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