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ALTS - Comstock Resources Highlights - January 04, 2018

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Comstock Resources agreed to acquire 88% WI in 6,124 gross Haynesville acres in Harrison and Panola counties, Texas, from Shelby Shale LLC for $20.5 million. Comstock will pay the purchase price over four years by granting Shelby a 12% interest in each well it drills on the acreage, with carried costs up to $20.5 million. The company has identified 33 potential drilling locations on the acreage, which lies near assets it acquired from Enduro Resource Partners for $31 million during......
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