Comstock Resources, SOCAR sign framework agreement for $1.65 billion Haynesville Shale partnership
CRK•Comstock Resources signed a framework agreement with SOCAR for a $1.65 billion strategic partnership in the Haynesville Shale. The parties target a definitive purchase and sale agreement by Oct. 31, 2026, and expect closing by year-end 2026.
1. Partnership framework
Comstock Resources signed a framework agreement with SOCAR for a $1.65 billion strategic partnership in the Haynesville Shale. The parties are targeting a definitive purchase and sale agreement by Oct. 31, 2026, with closing expected by the end of 2026.
2. LNG marketing plans
The parties plan to explore marketing Haynesville gas in international markets outside the United States.
