Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Date of Report (Date of Earliest Event Reported): March 30, 2005
COMSTOCK RESOURCES, INC.
(Exact Name of Registrant as Specified in Charter)
| STATE OF NEVADA | 000-16741 | 94-1667468 | ||
| (State or other jurisdiction incorporation) |
(Commission File Number) | (I.R.S. Employer Identification Number) |
5300 Town And Country Boulevard
Suite 500
Frisco, Texas 75034
(Address of principal executive offices)
(972) 668-8800
(Registrant’s Telephone No.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
¨
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01 Other Events. | ||||||||
| Item 9.01. Financial Statements and Exhibits. | ||||||||
| SIGNATURES | ||||||||
| Press Release | ||||||||
Table of Contents
Item 8.01 Other Events.
On March 30, 2005, Comstock Resources, Inc. (the “Company”) announced that a public offering of 4,545,454 shares of its Common Stock was priced at $26.675 per share. The press release announcing the pricing of the public offering is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits. The following exhibits are filed with this document:
Exhibit No.
|
Description | |
99.1
|
Press Release dated March 30, 2005. |
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| COMSTOCK RESOURCES, INC. |
||||
| Dated: March 30, 2005 | By: | /s/ M. Jay Allison | ||
| M. Jay Allison |
||||
| President and Chief Executive Officer | ||||
|
Exhibit 99.1 |
| 5300 Town and Country Blvd., Suite 500 | ||||||
| Frisco, Texas 75034 | ||||||
| Telephone: (972) 668-8800 | ||||||
| Contact: | Roland O. Burns | |||||
| Sr. Vice President and Chief Financial Officer | ||||||
| Web Site: www.comstockresources.com | ||||||
NEWS RELEASE
For Immediate Release
COMSTOCK RESOURCES, INC. PRICES COMMON STOCK OFFERING
FRISCO, TEXAS, March 30, 2005 — Comstock Resources, Inc. (“Comstock” or the “Company”)(NYSE:CRK) announced today that it has priced a public offering of 4,545,454 shares of its common stock at a price of $27.50 per share.
Net proceeds from the offering, after deducting underwriters’ discounts and expenses, are expected to be approximately $121 million. The offering is expected to close on April 4, 2005. The proceeds will initially be used to reduce amounts outstanding under the Company’s bank credit facility, which then will be available to fund the Company’s recently announced $192.5 million acquisition of oil and gas properties from EnSight Energy Partners, L.P.
The underwriters of the offering were Raymond James, Harris Nesbitt and Johnson Rice & Company. These securities are only being offered pursuant to a prospectus, which can be obtained by contacting Raymond James & Associates, Inc. at 880 Carillon Parkway, St. Petersburg, Florida, 33716, phone number (727) 567-2400.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
This press release may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management’s current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.
Comstock Resources, Inc. is a growing independent energy company based in Frisco, Texas and is engaged in oil and gas acquisitions, exploration and development primarily in Texas, Louisiana and the Gulf of Mexico. The Company’s stock is traded on the New York Stock Exchange under the symbol CRK.