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This might help CRK
Posted: Tue Jan 03, 2023 8:12 pm
by Fraser921
Re: This might help CRK
Posted: Tue Jan 03, 2023 10:37 pm
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.
Re: This might help CRK
Posted: Wed Jan 04, 2023 10:29 am
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.