Comstock Resources Inc T.CRK.DB

Primary Symbol: CRK

Energy Oil & Gas E&P

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

Comstock Resources Inc > NEWS IS OUT!!!

<< Previous

Bullboard Posts

Next >>

Comment by snoopdogson Jul 06, 2015 7:09pm

70 Views

Post# 23896386

RE:RE:RE:RE:NEWS IS OUT!!!

That's exactly my point, so at $1.25 per share converted. 1.25 divided by 5 equals 25 measly cents. The buy out is .37, that's why I chose the buyout and hope to get it. These guys fronted 8 million out of there own pockets but will be recieving HUGE stock options later making 10 X their money, behind the scenes. After a great Q1 and a great upcoming great Q2, why should we settle for 25 cents after the split. It's called being ripped off during the shuffle.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages