Acquiring Company
State Oil Company of Azerbaijan Republic
Acquired Company
Comstock Resources
Azerbaijan
FriscoEnergyOil And GasEnergyDescription
On September 1, 2026, Comstock Resources, Inc. announced that it has entered into a letter of intent with SOCAR to acquire non-operated working interests in its Legacy and Western Haynesville upstream assets and a stake in Pinnacle Gas Services LLC. The agreement is subject to the terms of a definitive purchase and sale agreement. This partnership could enhance SOCAR's portfolio in the region while allowing Comstock to optimize its assets. Further details will be disclosed pending the finalization of the agreement.
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Based on deal dataFrequently asked
Who acquired Comstock Resources?
Comstock Resources was acquired by State Oil Company of Azerbaijan Republic, based in Azerbaijan. The deal was reported on September 1, 2026. SOCAR is the national oil and natural gas company of Azerbaijan. With a history spanning over 90 years, it is involved in the extraction, production, and transportation of oil and gas. State Oil Company of Azerbaijan Republic is privately held and operates in Energy.
When did State Oil Company of Azerbaijan Republic acquire Comstock Resources?
State Oil Company of Azerbaijan Republic's acquisition of Comstock Resources was reported on September 1, 2026. On September 1, 2026, Comstock Resources, Inc. announced that it has entered into a letter of intent with SOCAR to acquire non-operated working interests in its Legacy and Western Haynesville upstream assets and a stake in Pinnacle Gas Services LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Comstock Resources do?
Comstock Resources, Inc. is an independent energy company based in Frisco, Texas and is engaged in oil and gas acquisitions, exploration and development primarily in Texas and Louisiana. It is publicly traded (CRK), operating in Energy, and is based in Frisco.
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