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Comstock Resources Sells Stakes in Haynesville Assets to Azerbaijan for $1.65B, Creates Venture with Jerry Jones

Frisco-based Comstock Resources announced Sept. 1 that the State Oil Company of the Azerbaijan Republic has acquired one-fifth of its Legacy Haynesville upstream assets, about 15 percent of its Western Haynesville upstream assets and 15 percent of its stake in Pinnacle Gas Services for $1.65 billion cash.

Baker Botts advised SOCAR with a team led by Nabil Khodadad in London with Cody Carper and Alia Heintz in Houston that included another dozen Texas lawyers.

Jason Philyaw

Jason compiles the weekly Corporate Deal Tracker Roundup and covers the dealmakers behind the deals.

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