Comstock Resources signs $1.65 billion LOI with SOCAR for Haynesville
Comstock Resources has lined up a $1.65 billion investment from Azerbaijan’s state oil company SOCAR via a letter of intent, to cut debt and fund Haynesville shale development.
By Robb M.
StewartComstock Resources has lined up a $1.65 billion investment from Azerbaijan's state oil company to help cut debt and fund the development of its Haynesville shale assets.The company has signed a letter of intent with State Oil Company of the Azerbaijan Republic, or SOCAR, for the s…