Comstock Resources, Inc. Announces Closing of West Texas Divestiture
Net proceeds received from the sale were
The proceeds from the sales were used to repay borrowings under the Company’s bank credit facility and for other corporate purposes.
This press release may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management’s current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.
Comstock Resources, Inc. is an independent energy company based in
Web Site: www.comstockresources.com
SOURCE Comstock Resources, Inc.