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Comstock Resources to sell properties for $16.4M



By AP
04 August 2008 @ 06:28 pm EST

NEW YORK - Oil and gas producer Comstock Resources Inc. said Monday it intends to sell some properties in southern Texas for about $16.4 million.

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The sale of the properties--which include Comstock's interests in the East White Point and Markham fields--is expected to close in August. The company expects an after-tax gain of $3.9 million.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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