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ALT - Black Stone Minerals Highlights - May 14, 2020
Black Stone Minerals signed a development agreement with Aethon Energy for its undeveloped Shelby Trough Haynesville and Bossier 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. It calls for a minimum of four wells to be drilled in the initial program year, which begins in Q3, increasing to......
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