A Locke Lord team led by Henry Benton (Dallas) represented Comstock Resources, Inc., a leading independent natural gas producer, in its asset purchase agreement with Northern Oil & Gas, Inc., to sell its assets in the Bakken shale for $154 million. Northern Oil & Gas is a non-operated working interest franchise in the premier shale basins across the United States. The sale includes a non-operated working interest in more than 400 wells, with the production of over 4,500 net barrels of oil equivalent per day. For more information, please see the press release. Additional team members included Susan Rainey (Dallas).
Posted on October 8, 2021