WebJul 16, 2024 · Denham Capital will be the second largest shareholder with an approximately 16% stake. Comstock will not have a right to use the name ‘Covey Park’ following the … WebJun 10, 2024 · At closing Comstock will assume Covey Park's existing $625 million 7.5% senior notes, retire amounts outstanding under Covey Park's credit facility, and redeem all outstanding previously issued ...
Comstock Resources Inc (CRK) Q2 2024 Earnings Call Transcript
WebJun 11, 2024 · The wave of consolidation across the domestic oil and gas industry continued on Monday with the news that Comstock Resources, Inc. had entered into a $2.2 billion agreement to acquire Covey Park, LLC. WebJul 17, 2024 · Comstock funded the Covey Park acquisition through a combination of debt under a new $2.5 billion revolving credit facility and its investment from Jones. … every day in every way i\u0027m getting better
3 Texas firms counsel on Comstock’s $2.2B deal
WebJones’ investment in the company rose to $1.1 billion in 2024 when Comstock acquired Covey Park Energy to double down on its Haynesville holdings. Related: Jerry Jones … WebMay 28, 2024 · A self-described “proponent of natural gas,” Jacobi previously served as co-CEO of Covey Park Energy, a Dallas-based private independent focused on the Haynesville and Bossier shale gas plays. He later joined the board of directors at Comstock Resources following its acquisition of Covey Park in 2024. WebAug 8, 2024 · Comstock and Covey Park have drilled and completed a combined 174 operated wells since 2015, which have an average IP rate of 23 million cubic feet per day. Our Haynesville shale production in the ... everyday indian breakfast ideas