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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

Post by frankythetankon Oct 15, 2012 3:40pm
327 Views
Post# 20485557

December

December

You seem to be mr skeptical.  WHich is good to look at from both sides of the arguement.  I would have to say though that from where I sit your stuck in there past failures with a different CEO.  The stock has a new share structure since the big private placement and the purchase of all these other producing assets.  To me it looks like CRK has lots of assets for them to produce from.  So if one of the properties has issues there able to continue to produce.  Obviously its not easy to mine Gold for profit but it looks like CRK is on their way to 200,0000 ounce annually and a nice profit.  Good luck to CRK shareholders and maybe in the next year and a bit December will change his mind

 

Tank

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