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Comstock Resources to Sell Certain Non-Core Assets in the US

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Comstock Resources Inc, in its Dec 2011 presentation, has announced it intends to sell some of its non-core properties in order to generate proceeds of $100 – $130 million. The Reserves and Production from these properties are estimated at 50 Bcfe and 10 MMcfe/d (75% gas), respectively. Source: Comstock Comstock Resources’ operations are concentrated in [...]

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