COMMITMENTS AND CONTINGENCIES	6 Months Ended
Jun. 30, 2013
COMMITMENTS AND CONTINGENCIES	(4) Commitments and Contingencies – From time to time, Comstock is involved in certain litigation that arises in the normal course of its operations. The Company records a loss contingency for these matters when it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Company does not believe the resolution of these matters will have a material effect on the Company’s financial position or results of operations. In connection with its exploration and development activities, the Company contracts for drilling rigs under terms of up to three years. As of June 30, 2013, the Company had commitments for contracted drilling services of $53.9 million. The Company has entered into natural gas transportation agreements through July 2019. Maximum commitments under these transportation agreements as of June 30, 2013 totaled $19.9 million.

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2013

(4) Commitments and Contingencies –

From time to time, Comstock is involved in certain litigation that arises in the normal course of its operations. The Company records a loss contingency for these matters when it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Company does not believe the resolution of these matters will have a material effect on the Company’s financial position or results of operations.

In connection with its exploration and development activities, the Company contracts for drilling rigs under terms of up to three years. As of June 30, 2013, the Company had commitments for contracted drilling services of $53.9 million.

The Company has entered into natural gas transportation agreements through July 2019. Maximum commitments under these transportation agreements as of June 30, 2013 totaled $19.9 million.

- Definition

The entire disclosure for commitments and contingencies.

+ References

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

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+ Details