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US: Comstock in talks to buy Chesapeake’s Haynesville assets

 |  November 14, 2019

Dallas Cowboys owner Jerry Jones’ Comstock Resources is in talks to buy Chesapeake Energy Corp’s Haynesville shale assets in Louisiana, according to Bloomberg. 

A deal could be worth more than US$1 billion, one of the people said, adding that the companies have settled on a structure for the deal and hope to reach an agreement by the end of the year. 

The people, who declined to be identified because the talks are confidential, said what had been agreed so far could still be subject to change and there was no guarantee the talks would conclude successfully.

Full Content: Bloomberg

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