This might help CRK

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uberCOAT
Posts: 111
Joined: Tue Jun 15, 2021 6:00 am

Re: This might help CRK

Post by uberCOAT »

Good intel. It would be good if someone buys them.

I also find it interesting that Third Point Management initiated a position recently in CRK for 3 million shares while substantially reducing or selling positions in other big name oil and gas stocks.
dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

Re: This might help CRK

Post by dan_s »

Buying Rockcliff would significantly increase TG Natural Resources' operations, with the company producing around 330 net million cubic feet per day as of June 2022 from the Haynesville formation, according to its website.

CRK's production is ~1,500 net million cubid feet per day and they have over 1,000 low-risk development drilling locations in the Haynesville.
Dan Steffens
Energy Prospectus Group
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