Comstock Resources signs LOI with SOCAR for potential acquisition
Comstock Resources, Inc. (CRK) said it entered a letter of intent with SOCAR under which SOCAR or a wholly owned subsidiary would acquire, subject to the LOI terms and a definitive purchase agreement.
Comstock Resources, Inc.
NYSE:CRK announced today that it has entered into a letter of intent with the State Oil Company of the Azerbaijan Republic ("SOCAR") under which SOCAR or a wholly owned subsidiary of SOCAR would acquire, subject to the terms of the letter of intent and a definitive purchase…