One-Page Deal Sheet
Comstock Buys Private Haynesville E&P in All-Stock Deal
Comstock Resources Inc. Not Disclosed
Announced Date
November 07,2019
Close Date
November 01,2019
Transaction Type
Property
Enterprise Value (EV)($MM)
33
Asset/Basin:
{"Haynesville Shale"}
TargetZones:
{"Haynesville Shale"
Net Acres
Net Operated Locations:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Ark-La-Tex
Country
United States
State
Louisiana
County
De Soto
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Production ($/Mcfe/d)
Transaction Details: Subscribe to see
In its Q3 report, Comstock Resources Inc. announced that it acquired a privately-held company with Haynesville shale properties located primarily in DeSoto Parish, Louisiana on November 1, 2019.
Comstock issued 4,500,000 shares of common stock in connection with the all-stock financed acquisition (with a share value of ~$7.30/share, the total value is approximately $32.85 million).
The properties acquired include approximately:
3,000 net acres and 12.7 net future drilling locations 75 (20.1 net) producing wells which are producing 12 MMcfe per day Comstock estimates that the proved oil…Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-26-2026 |
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| Jan-16-2026 |
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| Oct-23-2025 |
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| Jan-11-2024 |
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| Dec-15-2023 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-26-2026 | Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal | - |
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| Apr-01-2025 | TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset | - |
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| Dec-15-2023 | TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion | - |
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