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A&D - Black Stone & Aethon team up to develop Shelby Trough acreage - May 2020

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Black Stone Minerals entered a JV agreement with Dallas-based private operator Aethon Energy to develop Black Stone’s Shelby Trough Haynesville and Bossier shale acreage in Angelina County, Texas. The agreement provides for minimum well commitments by Aethon in exchange for reduced royalty rates and exclusive access to Black Stone’s mineral and leasehold acreage in the contract area. The deal calls for a minimum of four wells to be drilled in the initial program year,......
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