The news follows the recent Black Stone Energy development agreement with Aethon Energy in the same region of the Haynesville and Bossier shale plays and complements the company’s goal of reviving volume growth from the area.
John Jacobi, non-executive director at Comstock Resources, says tough times are ahead but the oil and gas industry could benefit from getting a little smaller.
Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.
Covey Park co-CEO John Jacobi and Denham Managing Partner Jordan Marye joined the Comstock Resources board following the completion on July 16 of the roughly $2.2 billion acquisition.
The multibillion-dollar acquisition of Denham Capital-backed Covey Park Energy is set to make Comstock Resources the largest Haynesville operator, analysts say.