Q4 2018 Comstock Resources Inc Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2018 Comstock Resources Earnings Conference Call. (Operator Instructions) As a reminder, this call is being recorded.
I would now like to introduce your host for today's conference, Mr. Jay Allison, Chief Executive Officer. Please go ahead.
Perfect. And thank you, Christy. And what a day. What a -- we waited a long time for a day like today.
Before I start the formal presentation, I'd like to kind of go over a little bit why we have these numbers. One year ago yesterday, Comstock Resources had its first detailed conversation with Jerry Jones' family that resulted really to many iterations into what is today the new Comstock with Jerry Jones owning 84% of Comstock Resources. When Jerry Jones' family, along with his longtime oil and gas partners, Mike Mccoy and [Bob Roth], looked at Comstock, they discovered we had high-quality drill site locations in the Haynesville/Bossier, but we needed cash to drill the
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