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M&A News

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March 1, 2009

?• Black Stone Minerals Co. LP has acquired working interests in more than 5,700 wells in Oklahoma, Texas, Louisiana, New Mexico and other states from a privately held undisclosed company for $150 million. Several of Black Stone’s investment affiliates, including Black Stone Acquisition Partners III LP, joined in the acquisition, which closed on Jan. 9.Proved reserves are approximately 88.9 billion cubic feet of gas. Production is approximately 25 million cubic feet per day. Upside includes some 1,700 probable and possible drilling locations. Hallie A. Vanderhider, Black Stone president and chief ...

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