Dallas Team Represented Comstock Resources in Divestiture of Bakken Shale Assets

A Locke Lord team led by Jason Schumacher, Jack Jacobsen and Henry Benton (all of 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 Will Becker, Susan Rainey and David Kolenda (all of Dallas).
Posted on October 8, 2021