WebComstock Resources, Inc. (NYSE: CRK) announced that it has closed the previously announced acquisition of Covey Park Energy LLC in a cash and stock merger valued at … WebJun 10, 2024 · Comstock Resources, Inc., based in Frisco, Texas, is acquiring privately held Covey Park Energy LLC in a cash and stock deal valued at $2.2 billion including …
Comstock to Acquire Covey Park in $2.2B Deal Rigzone
WebEX-4.1 4 crk-ex41_176.htm EX-4.1 crk-ex41_176.htm . EXHIBIT 4.1. COVEY PARK . SUPPLEMENTAL INDENTURE. SUPPLEMENTAL INDENTURE (this “Covey Park Supplemental Indenture”) dated as of July 16, 2024, by and between Comstock Resources, Inc., a Nevada corporation (the “Company”), and Wells Fargo Bank, National … WebJul 16, 2024 · OF COVEY PARK ENERGY MERGER FRISCO, TX, July 16, 2024 - Comstock Resources, Inc. (NYSE: CRK) ("Comstock" or the "Company") today … indianapolis cathedral football roster
Comstock Resources to Buy Covey Park, Triple Haynesville …
WebDallas-based Covey Park Energy, a private natural gas company, was founded in 2013 and operates exclusively in the Haynesville Basin. Its Haynesville assets are near Comstock’s, making the merger a strategic move, executives said in a Monday conference call. Chesapeake Energy first discovered gas in the Haynesville Basin back in 2008. The transaction is structured in multiple layers, including a substantial investment from Dallas Cowboys owner and Comstock majority stockholder, Jerry Jones. Details behind the total deal consideration are outlined below: As a result of the finalized deal, Comstock’s holdings in North Louisiana and East Texas … See more The table below outlines the allocation for both the assets acquired and the liabilities assumed. The calculation is management’s estimate from the Definitive Proxy Statement that … See more Below is a list of comparable companies that Comstock identifies in their latest 10-K as competitors, excluding non-gas players, and common valuation multiples (such as EV to Production) … See more Being the largest operator in the Haynesville Shale provides Comstock with a strategic advantage due to sheer size of acreage owned. Just as importantly though, Comstock … See more While the company already owns over 500 miles of gas gathering infrastructure, it also enjoys many locational benefits: limited basis risk due to proximity to Henry Hub, lowest in-basin … See more WebAug 8, 2024 · Pro forma, for the Covey Park merger, operating costs fall to $0.65 in the second quarter and that's before we get the benefit of the synergies and cost savings we expect to create from combining ... indianapolis cathedral vs chesterton