One-Page Deal Sheet
Comstock Purchases Properties From Denali
Comstock Resources Inc. Not Disclosed
Announced Date
August 21,2006
Effective Date
August 01,2006
Close Date
August 21,2006
Transaction Type
Property
Enterprise Value (EV)($MM)
67
Asset/Basin:
{"South Texas"}
TargetZones:
{Wilcox}
Location
Country
United States
State
Texas
Transaction Details: Subscribe to see
Comstock Resources, Inc. announced today that it has agreed to purchase certain oil and gas properties from Denali Oil & Gas Partners LP, Stalker Energy, LP and other working interest owners for $67.2 million, effective August 1, 2006. With the acquisition, Comstock will acquire producing properties in the Las Hermanitas field in Duval County in South Texas. The properties being acquired include three producing wells that are currently producing approximately 6.4 million cubic feet of natural gas per day. Comstock estimates that these properties have proved reserves of approximately 20.2…
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