Comstock widens Q4 loss

Comstock results: Fourth quarter disappoints, but investors bullish on oil prospects

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By Staff and news wires

 06 February 2012 19:52 GMT

Gas-focused explorer Comstock Resources expanded its fourth-quarter loss as it was hurt by weak prices, but said it will shift most of its drilling to lucrative oil prospects, sending its shares up as much as 9%.

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