Black Stone Minerals, L.P. Announces Farmout Agreement Substantially Reducing Future Working Interest Capital Requirements

February 21, 2017

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HOUSTON–(BUSINESS WIRE)–Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Partnership”) announced today that it has entered into a farmout agreement with Canaan Resource Partners (“Canaan”), which will reduce Black Stone’s future capital requirements and will generate additional royalty income. The farmout covers the Partnership’s working interests within an approximate 34,000 gross acre block in San Augustine County, Texas. Black Stone expects the farmout

Category: General