The New York Stock Exchange (NYSE) Monday told Frisco, TX-based Comstock Resources Inc. that the company is in full compliance with continued listing standards for the exchange. The determination was based on “…consistent and positive performance with respect to the plan the company previously submitted to regain compliance and its achievement of compliance with the minimum market capitalization and shareholders’ equity requirements,” according to Comstock. The company will be subject to a 12-month follow-up period to ensure continued compliance. Last month Comstock management discussed post-recapitalization plans, which include writing off acreage in the Tuscaloosa Marine Shale and focusing more intently on the Haynesville Shale.
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