Business Context and Reporting Period
Company: Comstock Resources, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 29, 2004
Reporting Period: Event date of September 29, 2004
This filing reports the entry into a material definitive agreement involving Comstock Offshore, LLC, an indirect wholly-owned subsidiary of Comstock Resources, Inc. Comstock Offshore is a member of Bois d'Arc Energy, LLC, a recently formed Nevada limited liability company.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a contractual amendment rather than financial performance results.
Material Changes
- Agreement Amendment: On September 29, 2004, the members of Bois d'Arc Energy, LLC adopted the First Amendment to the Amended and Restated Operating Agreement.
- Financing Deadline Extension: The amendment extended the deadline by which Bois d'Arc must consummate a financing transaction to February 28, 2005.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the extension of the financing deadline for the Bois d'Arc joint venture. No specific forward-looking guidance regarding production, pricing, or future earnings was included in this document.
Risks and Contingencies: The filing does not explicitly detail new risks, though the necessity of extending the financing deadline implies ongoing efforts to secure capital for the Bois d'Arc venture. The filing references an exhibit (Exhibit 10.1) containing the full text of the amendment.
Investor Verification Checklist
- Verify the status of the financing transaction for Bois d'Arc Energy, LLC as of the new February 28, 2005 deadline.
- Review the full text of the First Amendment to the Operating Agreement (Exhibit 10.1) for any additional covenants or conditions not summarized here.
- Confirm Comstock Resources' ownership percentage and capital commitment within Bois d'Arc Energy, LLC.