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Black Stone Minerals, L.P. Reports First Quarter 2017 Results and Declares Cash Distribution; East Texas Acquisitions and Development Agreements Enhance Growth Outlook

HOUSTON–(BUSINESS WIRE)–Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Partnership”) today announces its financial and operating results for the first quarter of 2017. Highlights Production for the first quarter averaged 35.6 MBoe/d, a 19% increase over the prior quarter. Reported oil and gas revenues of $88.2 million and lease bonus and other income of $13.7 million for the quarter. Generated record net income of $61.6 million, record Adjusted EBITDA (