FRISCO, Texas, March 6, 2012 /PRNewswire/ -- Comstock Resources, Inc. (" Comstock" or the "Company") (NYSE: CRK) today reported that its bank credit facility borrowing base has been reaffirmed by its bank group at $700.0 million. The Company's revolving bank credit facility is administered by Bank of Montreal and has 16 participating banks. The next borrowing base re-determination is expected to occur in October 2012.
Comstock Resources, Inc. Reports Bank Credit Facility Reaffirmed At $700.0 Million
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.