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Comstock Resources adds to Haynesville acreage after swap

Jan. 25, 2016 4:45 PM ETComstock Resources, Inc. (CRK) StockCRKBy: Carl Surran, SA News Editor
  • Comstock Resources (NYSE:CRK) plunged 38% in today's trade after announcing the completion of an acreage swap with an unnamed operator in the Haynesville shale drilling inventory in Louisiana.
  • CRK says it received ~3,600 net acres including four gross wells (3.5 net) and producing ~1.1M cf/day of natural gas, while divesting ~2,500 net acres and seven gross wells (5.3 net).

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