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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 Georgealphabetaon Apr 02, 2012 12:13pm
209 Views
Post# 19748057

RE: RE: RE: RE: RE: RE: CRK Moving Forward

RE: RE: RE: RE: RE: RE: CRK Moving Forward

I wouldn't get too excited about EXS, not yet. They got some intercepts, but that's all, it will be expensive to mine out there even if the geology is favourable, then they don't have any money. For me too risky. They will have to raise $$$$millions in order to get respectable indicated and proven. Keep in mind that MAYBE 1 out of 10 good quality juniors actually get close to build a mine. Just compare EXS to RMX ( This is not a tip) and look what it took to get RMX to this point. It will take many years and lot's of $$$$ to get close to finish line for EXS. Very risky.Best regards.G.

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