--Chesapeake Energy Corp. (CHK) is in talks to sell shale assets to Comstock Resources Inc. (CRK) in a deal that could be worth over $1 billion, Reuters reports Wednesday, citing "two people familiar with the matter."

--The deal would see Comstock purchase the Haynesville shale assets in Louisiana, the report said.

--Neither company responded to requests for comment, the report said.

 

Full story: https://www.reuters.com/article/us-chesapeake-enrgy-haynesville-comstock/exclusive-comstock-in-talks-to-buy-chesapeakes-haynesville-assets-sources-idUSKBN1XN1HO

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 13, 2019 15:04 ET (20:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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