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Arkoma Drilling LP

Company Summary

Description

Arkoma Drilling, L.P. offers oil and gas drilling services. Arkoma Drilling, L.P. is headquartered in Frisco, Texas.

Operational Regions

  • Bakken

Related Entities

Recent news

  • 7/13/2018 - Comstock Resources... (subscriber access)
  • 4/27/2018 - Comstock Resources... (subscriber access)
  • 4/27/2018 - Comstock Resources... (subscriber access)

Company Transactions

Date: 6/1/2018
Type: Acquisition

DETAILS:

COST: 620 $MM

VOLUMES: 13.8 MBOE/d

NOTES:
Comstock Resources has entered into a deal with Jerry Jones to acquire interest in assets located in North Dakota owned by Arkoma Drilling LP and Williston LP. The deal is valued at $620 million and Jerry Jones' companies will receive 88.6 million shares of Comstock common stock representing 84% of the company's outstanding shares.
REGIONS:
  • Williston Basin
  • Bakken