Comstock resources, inc. announces closing of bakken divestiture

Frisco, tx, nov. 16, 2021 (globe newswire) -- comstock resources, inc. ("comstock" or the "company") (nyse: crk) today announced it has closed on the sale of the previously announced divestiture of its bakken shale non-operated properties for total consideration of $154 million, before selling expenses with an effective date of october 1, 2021. the properties sold include non-operated interests in 442 producing wells (68.3 net) producing approximately 4,500 barrels of oil equivalent per day. comstock expects to recognize a pre-tax loss of $150-$160 million on the divestiture.
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