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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 May 28, 2012 4:36pm
205 Views
Post# 19953772

RE: RE: RE: RE: RE: RE: 0.35

RE: RE: RE: RE: RE: RE: 0.35

In the 1st quarter they blew through more money then any previous quarter I believe. When that report came out I was in shock as Chantal told me that they would do OK with the rainy season and that production would not fall. Heck it fell off a cliff and then they say that now Cosmos is behind schedule and will probably not produce the ounces expected by years end. I have emails from Chantal from last summer where he stated that CRK would produce around 160,000 ounces in 2012 and then he halfs that 6 months later. Is he so slow to not see what goes on around him?? There should be a court proceedings against CRK from all shareholders who purchased shares from CRK  around early 2011 when Mike H. went on BNN and a few other shows saying that we were going to produce 200,000 in 2011 and even 500,000 in several years. We all bought into that story and someone should be held responsible for these stupid projections. The employees of CRK must have laughed at Mike when he said these projections. Is management that stupid or was it a ploy to get investors. You just can not go on TV and say way out things and not be held responsible. We should start a law suit............

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