UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported):May 16, 2003 COMSTOCK RESOURCES, INC. (Exact name of registrant as specified in its charter) STATE OF NEVADA 000-16741 94-1667468 (State or other (Commission of File Number) (I.R.S. Employer jurisdiction incorporation) Identification Number) 5300 Town And Country Boulevard Suite 500 Frisco, Texas 75034 (Address of principal executive offices) (972) 668-8800 (Registrant's Telephone No.)ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT The Audit Committee of the Board of Directors of Comstock Resources, Inc. ("Comstock") annually considers and recommends to the Board of Directors the selection of Comstock's independent public accountants. As recommended by the Audit Committee, on May 16, 2003, the Board of Directors decided to no longer engage KPMG LLP ("KPMG") as Comstock's independent public accountants and engaged Ernst & Young LLP ("Ernst & Young") to serve as Comstock's independent public accountants for 2003. KPMG's audit reports on Comstock's consolidated financial statements for the past two years did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles, except as follows: KPMG LLP's report on the consolidated financial statements of Comstock and subsidiaries as of and for the years ended December 31, 2002 and 2001, contained a separate paragraph stating that "effective January 1, 2001, the Company changed its method of accounting for derivative instruments" and a separate paragraph stating that "the Company has restated the consolidated balance sheet as of December 31, 2001 and the related consolidated statements of operations, stockholders' equity and comprehensive income, and cash flows for the two year period then ended, which consolidated financial statements were previously audited by other independent auditors who have ceased operations". During Comstock's two most recent fiscal years and through the date of this Form 8-K, there were no disagreements with KPMG on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to KPMG's satisfaction, would have caused them to make reference to the subject matter in connection with their report on Comstock's consolidated financial statements for such years. Comstock provided KPMG with a copy of the foregoing disclosures. Attached as Exhibit 16 is a copy of KPMG's letter, dated May 16, 2003. During Comstock's two most recent fiscal years and through the date of this Form 8-K, Comstock did not consult Ernst & Young with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Comstock's consolidated financial statements, or any other matters or reportable events listed in Items 304 (a) (2) (i) and (ii) of Regulation S-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibits. The following exhibits are filed with this document: Exhibit Number Description ------ ----------- 16 Letter from KPMG LLP to the Securities and Exchange Commission dated May 16, 2003 99.1 Press Release dated May 16, 2003 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMSTOCK RESOURCES, INC. BY: /s/ ROLAND O. BURNS -------------------------- Roland O. Burns Senior Vice President and Chief Financial Officer Dated: May 16, 2003
Comstock Resources (CRK) 8-KChanges in registrant's certifying accountant
Filed: 16 May 03, 12:00am