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Comstock Resources Inc | Q2 2012 Results | M. Jay Allison | Page 4 of 11 | November 21, 2024

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Eagle Ford Ford ? Entered into an agreement with K development of our Eagle Ford sh ? As an experienced participant in an ideal partner for us ? KKR will have the right to partic drilled on our 28,000 net acres in fth t bicarry for the ne acreage e ng ac ? KKR earns one-third of our work ? The agreement will apply to wells ti ll f it ti llretain all o our n eres n wells s ? KKR has committed to provide f Eagle Ford shale acreage and can acreage for the same drilling carr the carr ? This transaction will provide the play, while still allowing us to hav Texas d Shale Joint Venture KR providing for the participation by KKR in future ale acreage in South Texas the early development of the Eagle Ford shale, KKR is ipate for one-third of our working interest in wells exchange for paying $25,000 per acre through a drilling idquired ing interest in 80 acres for each well they participate in spud on or subsequent to March 31, 2012 and we will d i t thtdtpu pr or o that date or the drilling carry for the next 100 wells drilled on our continue to participate in additional wells drilled on the ry capital necessary to accelerate drilling of this exciting oil e the capital to develop our Wolfbone properties in West 4