COMSTOCK RESOURCES, INC.                5300 Town and Country Blvd., Suite 500
                                        Frisco, Texas 75034
                                        Telephone:(972) 668-8800
                                        Contact:Roland O. Burns
                                        Sr. Vice President and
                                        Chief Financial Officer
                                        Web Site: www.comstockresources.com


                                  NEWS RELEASE
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For Immediate Release


                       COMSTOCK RESOURCES, INC. ANNOUNCES
                          COMMON STOCK REPURCHASE PLAN

FRISCO,  TEXAS, December 11, 2000 - Comstock Resources,  Inc. (NYSE:CRK),  today
announced  that its board of directors has  authorized a stock  repurchase  plan
providing  for the  purchase of shares of its common  stock in the open  market,
with an aggregate purchase price of up to $10 million.

The timing and amount of shares purchased will depend on prevailing share market
prices and trading volume.  Shares that are acquired through the repurchase plan
will be canceled.

"We believe  that  repurchasing  our shares from time to time  represents a good
investment  opportunity  for the  Company,"  said M. Jay Allison,  President and
Chief Executive Officer. "The share repurchase plan that we are announcing today
should enhance shareholder value over the long term and boost earnings-per-share
by the reduction in outstanding shares resulting from the repurchase."


This press release contains  forward-looking  statements as that term is defined
in the Private  Securities  Litigation  Reform Act of 1995.  Such statements are
based on  management's  current  expectations  and are  subject  to a number  of
factors and uncertainties  which could cause actual results to differ materially
from those described  herein.  Although the Company believes that its outlook is
based upon reasonable  assumptions  regarding the economy,  its knowledge of its
business,  and on key performance indicators which impact the Company, there can
be no assurance that the Company's goals will be realized. In particular,  there
can be no assurance as to the timing and amount of shares purchased  through the
stock repurchase plan, or the impact of such plan.

Comstock  Resources,  Inc.  is a growing  independent  energy  company  based in
Frisco,  Texas  and is  engaged  in oil and gas  acquisitions,  exploration  and
development primarily in Texas,  Louisiana and the Gulf of Mexico. The company's
stock is traded on the New York Stock Exchange under the symbol CRK.