Chesapeake, Comstock Discussing Shale Asset Sale, Sources Say --Reuters
November 13 2019 - 3:19PM
Dow Jones News
--Chesapeake Energy Corp. (CHK) is in talks to sell shale assets
to Comstock Resources Inc. (CRK) in a deal that could be worth over
$1 billion, Reuters reports Wednesday, citing "two people familiar
with the matter."
--The deal would see Comstock purchase the Haynesville shale
assets in Louisiana, the report said.
--Neither company responded to requests for comment, the report
said.
Full story:
https://www.reuters.com/article/us-chesapeake-enrgy-haynesville-comstock/exclusive-comstock-in-talks-to-buy-chesapeakes-haynesville-assets-sources-idUSKBN1XN1HO
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 13, 2019 15:04 ET (20:04 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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