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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 Lubi54on Apr 04, 2013 9:49am
151 Views
Post# 21209680

RE: RE: RE: What is happening is not CRK's fault

RE: RE: RE: What is happening is not CRK's fault

Hi, und guten Tag, dosco

 

yep, interesting as well as mind boggling as to how people purchase " worthless" bonds, and at the same time  avoid and/ or sell the one safe haven stuff governements cannot yet inflate-gold.

 

( silver of course. too)

 

so question: why change in  investor sentiment?If my memory serves me right, should gold head further south, many mines will have to cloe as there overhead -all in cost) is near 1600

 

then what? step increase in gold price?and in that event, with mines dormant, going thru the proverbial roof

 

as demand far outpaces  supply?

 

And : can CROC still turn around or is it headed toward extinction- JMHO .

LUBI54

 

 

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