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Comstock Closes $118 Million in Acquisitions

Source: www.gulfoilandgas.com 12/23/2013, Location: North America

Comstock Resources, Inc. ("Comstock" or the "Company") announced that it has closed the previously announced acquisitions of oil and gas properties in East Texas for $66.7 million and in Mississippi and Louisiana for $51.5 million. The East Texas acquisition includes one producing well and approximately 21,000 net acres which are prospective for oil in the Eagle Ford Shale formation. The Mississippi and Louisiana acquisition includes approximately 51,000 net acres which are prospective for oil in the Tuscaloosa Marine shale formation.

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Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

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