COMSTOCK RESOURCES INC

This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can in some instances be identified by their use of terms such as "expect," "estimate," "anticipate," "project," "plan," "intend," "believe" and similar terms. All statements, other than statements of historical facts, included in this report, are forward-looking statements, including all statements regarding:

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amount and timing of future production of natural gas and oil;

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amount, nature and timing of expected capital expenditures;

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the number of anticipated wells to be drilled after the date hereof;

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the availability of exploration and development opportunities;

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our future financial or operating results;

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our future cash flow and anticipated liquidity;

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future operating costs including lease operating expenses, administrative costs and other expenses;

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finding and development costs;

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our business strategy; and

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other plans and objectives for future operations.

All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that are expected and, therefore, you should not unduly rely on such statements. The risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include, but are not limited to:

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the risks described in "Risk Factors" and elsewhere in this report;

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the volatility of prices and supply of, and demand for, natural gas and oil;

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the timing and success of our drilling activities;

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the numerous uncertainties inherent in estimating quantities of natural gas and oil reserves and actual future production rates and associated costs;

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our ability to successfully identify, execute or effectively integrate future acquisitions;

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the usual hazards associated with the natural gas and oil industry, including fires, well blowouts, pipe failure, spills, explosions and other unforeseen hazards;

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our ability to effectively market our natural gas and oil;

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the availability of rigs, equipment, supplies and personnel;

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our ability to discover or acquire additional reserves;

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our ability to satisfy future capital requirements;

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changes in regulatory requirements;

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general economic conditions, status of the financial markets and competitive conditions; and

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our ability to retain key members of our senior management and key employees.

These forward-looking statements are made based upon detailed assumptions and reflect management's current expectations and beliefs. While we believe that these assumptions underlying the forward-looking statements are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect actual results.

The forward-looking statements included herein are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as required by law.

WEBSITE REFERENCES

In this Annual Report on Form 10-K, we make references to our website at www.comstockresources.com. References to our website through this Form 10-K are provided for convenience only and the content on our website does not constitute a part of, and shall not be deemed incorporated by reference into, this Annual Report on Form 10-K.