Comstock Resources

Comstock Resources has entered into a definitive agreement to sell its oil and gas properties in and around Burleson County, Texas, to an unnamed company for approximately USD 115 million, subject to adjustments. The properties being sold are producing approximately 1,900 BOPD and 5.5 MMcf/D of natural gas. At the end of last year, Comstock’s proved reserves included approximately 3.7 million bbl of oil and 3.9 Bcf of natural gas related to the interests being sold.