Black Stone Minerals, L.P. Announces Asset Sales Totaling $155 million, Further Strengthening Balance Sheet and Liquidity Position
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced it has entered into two separate agreements to sell certain mineral and royalty properties in the Permian Basin for gross proceeds totaling approximately $155 million. One of these agreements involves the sale of Black Stone’s mineral and royalty interests in specific tracts in Midland County, Texas to a private buyer for gross proceeds of approximately $55 million. The effe
Black Stone Minerals, L.P. Announces Asset Sales Totaling $155 million, Further Strengthening Balance Sheet and Liquidity Position
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced it has entered into two separate agreements to sell certain mineral and royalty properties in the Permian Basin for gross proceeds totaling approximately $155 million. One of these agreements involves the sale of Black Stone’s mineral and royalty interests in specific tracts in Midland County, Texas to a private buyer for gross proceeds of approximately $55 million. The effe