Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 December3on Oct 15, 2012 3:18pm
237 Views
Post# 20485428

RE: RE: RE: BINGO - er, NO

RE: RE: RE: BINGO - er, NO

>>>>Big question is; can they at least maintain ~50k oz/Q going forward?<<<

.

Yeah, that is part of the question.  The second and MOST IMPORTANT question is can CRK get the NT mines to produce and maintain that 50k opy AND ADD ANOTHER 60K opy!?  Remember at the end of next year, we loose 60K opy from the shutdown of one  of the mines in Victoria State!

.

Oh wait!  Some speculation in the news that they might have more ounces there.  So then the question is HOW MANY DOLLARS is it going to cost to extend that mine life and do they have enough time?  Wonder if they have the money to develop a new mine site in the next 12 months to keep some of those ounces coming?  I guess in desperation they could always mine the area "blind!"

<< Previous
Bullboard Posts
Next >>