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COMSTOCK ANNOUNCES AGREEMENT TO ACQUIRE OIL & GAS PROPERTIES FROM LIBERTY LIFE INSURANCE

 COMSTOCK ANNOUNCES AGREEMENT TO ACQUIRE OIL & GAS PROPERTIES
 FROM LIBERTY LIFE INSURANCE
 DALLAS, April 13 /PRNewswire/ -- Comstock Resources, Inc. (NASDAQ-NMS: CMRE) today announced the execution of an agreement to purchase certain producing oil and gas properties from Liberty Life Insurance Company of Greenville, S.C. The properties are comprised of 120 wells located primarily in Oklahoma and Arkansas, and have estimated proved reserves of 12.5 Bcf of gas and 58,000 barrels of oil.
 Comstock Resources, Inc. is primarily engaged in the acquisition, development and production of oil and gas in the Southwestern United States. Liberty Life Insurance Company is among the largest 5 percent of stock life insurance companies in the nation.
 -0- 4/13/92
 /CONTACT: M. Jay Allison, president and chief executive officer of Comstock Resources, 214-701-2100/
 (CMRE) CO: Comstock Resources Inc. ST: Texas IN: OIL SU: TNM


SH -- NY032 -- 7644 04/13/92 10:17 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
Words:151
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