Reported Earlier, SOCAR Signs Definitive Agreement To Acquire Stakes In Comstock’s Haynesville Assets And Pinnacle Gas Services For $1.65B Cash
https://www.socar.az/en/post/definitive-purchase-and-sale-agreement-signed-between-socar-and-comstock
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Why It Matters
Comstock sold its natural gas business to a big energy company. This shows someone thinks that business is worth a lot of money right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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