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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 Jun 12, 2012 10:24pm
281 Views
Post# 20006525

RE: RE: From Bad to Worse - Crocodile Gold Closes

RE: RE: From Bad to Worse - Crocodile Gold Closes

One more thing........I have emails from Chantal that state that he would not hedge unless he recieved $2100.00 per ounce as the time when gold was at $1920.00 an ounce I emailed him and said that CRK should hedge a good part of gold at those prices and Chantal stated that he wanted to take advantage of the higher prices coming of $2000.00 or $2100.00 and I said do not be too greedy and right after that gold fell off a cliff. Now they hedge 8000 ounces at $1540.00 C'MON WAKE UP MANAGEMENT

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