Comstock Resources Inc. has agreed to acquire privately held, Haynesville-focused Covey Park Energy LLC in a $2.2-billion cash and stock deal.
Subscribe: News
7-12-2019
Comstock Resources has agreed to acquire privately held, Haynesville-focused Covey Park Energy in a $2.2-billion cash and stock deal. The deal, which includes the assumption of Covey Park’s outstanding debt and the retirement of its $1.1 billion in existing preferred units, expands Comstock’s position in the Haynesville natural gas basin. Comstock Resources Inc. has agreed to acquire privately held, Haynesville-focused Covey Park Energy LLC in a $2.2-billion cash and stock deal. |