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Comstock Resources' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Comstock Resources (CRK)

Q1 2012 Earnings Call

May 01, 2012 10:30 am ET

Executives

Miles Jay Allison - Chairman, Chief Executive Officer and President

Roland O. Burns - Chief Financial Officer, Principal Accounting Officer, Senior Vice President, Secretary, Treasurer and Director

Mark A. Williams - Vice President of Operations

Analysts

Brian M. Corales - Howard Weil Incorporated, Research Division

Kim M. Pacanovsky - McNicoll, Lewis & Vlak LLC, Research Division

John M. Selser - Iberia Capital Partners, LLC

Leo P. Mariani - RBC Capital Markets, LLC, Research Division

Michael A. Hall - Robert W. Baird & Co. Incorporated, Research Division

Ronald E. Mills - Johnson Rice & Company, L.L.C., Research Division

Michael Kelly - Global Hunter Securities, LLC, Research Division

Jack N. Aydin - KeyBanc Capital Markets Inc., Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the First Quarter 2012 Comstock Resources, Inc. Earnings Conference Call. My name is Regina, and I will be your conference operator for today. [Operator Instructions] Today's event is being recorded for replay purposes. I would now like to turn the conference over to your host for today, Mr. Jay Allison, President and Chief Executive Officer. Please go ahead, Mr. Allison.

Miles Jay Allison

Thank you, Regina. I want to welcome everybody to the conference call. And I really kind of want to give you a preview and tell you that the 30 slides that we all worked on in detail, that they really are in great detail in order to give you a detailed breakdown of our Eagle Ford play, as well as the Permian play, that we're actively drilling now for oil and to show you why we expect oil to grow by 200% over last year. That's the intent of the 30 slides that we're going to go over in detail.

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