Dallas businessman Jerry Jones has expanded his ownership stake in Haynesville Shale pure-play Comstock Resources Inc. to 66% from about 60% and funded converting all outstanding preferred shares to common stock.

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“Comstock’s outstanding performance since I made my initial investment in August 2018 and my confidence in the company’s future have led me to further increase my ownership stake in Comstock,” said Jones, who also owns the Dallas Cowboys. “I am very excited to continue to partner with Comstock’s management and stockholders as we enter 2023. 

“Comstock now has a very strong balance sheet and the largest acreage position in North America’s premier natural gas basin which supports decades of drilling and reserve growth.”

Frisco, TX-based Comstock is...