Citadel’s Apex Said to Buy US Gas Assets from Comstock, Azul

Apex Natural Gas, owned by hedge fund giant Citadel, has agreed to buy natural gas assets in Texas for about $430 million from billionaire Dallas Cowboys owner Jerry Jones’ Comstock Resources Inc., people familiar with the matter said.

In a separate transaction, Apex also agreed to buy some Haynesville shale play assets from Azul Resources, LLC, which is backed by private equity firm Carnelian Energy Capital, said the people, who requested anonymity because the information is not public. The value of this deal was not immediately clear.