SOCAR to Invest in Haynesville with Nearly $1.7B Comstock Partnership
SOCAR agreed to invest $1.65B in Comstock Resources' Haynesville gas assets, acquiring stakes in upstream and midstream operations. Comstock plans to use proceeds to reduce debt. SOCAR and Comstock will collaborate on future opportunities. Comstock also secured a drilling investment deal with its majority shareholder, Jerry Jones.


