Mineral and Royalty Acquisition from Noble Energy
On November 28, 2017, Black Stone Minerals acquired a large and diverse mineral and royalty package from affiliates of Noble Energy for $340 million.
The highly complementary position includes:
- 1.1 million gross (140,000 net) minerals acres
- 380,000 gross acres of non-participating royalty interests
- 600,000 gross acres of over-riding royalty interests