Comstock Resources Inc
1 day chart
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 one segment: the exploration and production of North American oil and natural gas. 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. The Company has approximately 2,000 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 19 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,393 producing oil and natural gas wells (1,464.7 net) and operates 1,633 of these wells.
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