One-Page Deal Sheet
KKR to Provide Drilling Carry for Comstock Eagle Ford Acreage
Kohlberg Kravis Roberts & Co. (KKR) Comstock Resources Inc.
Announced Date
July 30,2012
Effective Date
March 31,2012
Close Date
July 30,2012
Transaction Type
JV
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Eagle Ford Shale"}
Net Acres
Location
Region
Gulf Coast - South Texas
Country
United States
State
Texas
County
Frio ,Karnes ,La Salle ,McMullen ,Wilson
Play
Transaction Details: Require Private Equity Subscription
Comstock Resources, and Kohlberg Kravis Roberts & Co L.P. announced the signing of a definitive participation agreement providing for the participation of KKR in Comstock's future development of its Eagle Ford shale acreage in Atascosa, Frio, Karnes, LaSalle, McMullen and Wilson Counties in South Texas.
Under the terms of the participation agreement, KKR will have the right to participate for one-third of Comstock's working interest in wells drilled on Comstock's 28,000 net acres in exchange for paying $25,000 per acre through a drilling carry for the net acreage being acquired by KKR…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-18-2026 |
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Click here | Texas | E&P |
| Jan-08-2026 |
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Click here | Texas | E&P |
| Dec-05-2024 |
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Click here | Texas | E&P |
| May-16-2024 |
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Click here | Texas | E&P |
| Nov-03-2022 |
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Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
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