COMSTOCK RESOURCES, INC. ANNUAL REPORT ON FORM 10-K For the Fiscal Year Ended December 31, 2013 CONTENTS 1 Item Page Part I Cautionary Note Regarding Forward-Looking Statements ....................... 2 Definitions ............................................................ 3 1 and 2. Business and Properties .................................................. 6 1A. Risk Factors ........................................................... 30 1B. Unresolved Staff Comments ............................................... 42 3. Legal Proceedings ....................................................... 42 4. Mine Safety Disclosures .................................................. 42 Part II 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities ............................................. 43 6. Selected Financial Data .................................................. 45 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations ............................................................. 46 7A. Quantitative and Qualitative Disclosures About Market Risk ..................... 57 8. Financial Statements and Supplementary Data ................................ 58 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ............................................................. 58 9A. Controls and Procedures .................................................. 58 9B. Other Information ....................................................... 61 Part III 10. Directors, Executive Officers and Corporate Governance ........................ 61 11. Executive Compensation ................................................. 61 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters ..................................................... 61 13. Certain Relationships and Related Transactions, and Director Independence ......... 62 14. Principal Accountant Fees and Services ...................................... 62 Part IV 15. Exhibits and Financial Statement Schedules .................................. 62